Most investors jumped to a conclusion on Monday that's not supported by all the facts.

There are hundreds of billions of lines of COBOL code running on production systems worldwide. That’s not ideal for a language over 60 years old and whose primary architects are mostly retired or dead ...

IBM stock dropped 13% on Monday after Anthropic said that its Claude Code tool could be used to automate the modernization of legacy code. IBM mainframes, computers that process a large portion of the ...