IBM stock plunged on Claude Code COBOL fears, but Jefferies says IBM’s watsonx is already modernizing mainframes with GenAI—read more now.

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

Jamie Loch stated, "are battling our way through, you know, the highly publicized memory challenges that AI expansion has created," which may affect component costs and supply. Ronald E. Konezny ...