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

IBM still profits from mainframes running decades-old COBOL systems. Anthropic says AI can migrate that software elsewhere. IBM stock was down 10% on Monday afternoon after Anthropic published a blog ...

For decades, mainframes and COBOL-based systems have been the backbone of enterprise computing, powering industries such as banking, insurance, healthcare, and government. Despite the rise of modern ...

COBOL — short for common business-oriented language — isn’t going anywhere. Released in 1960 and standardized in 1968, COBOL was developed by the Conference on Data Systems Languages to handle ...