IBM shares fall 12%+ after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization (Pia Singh/CNBC)

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Pia Singh / CNBC:IBM shares fall 12%+ after Anthropic outlined in a blog post how Claude Code can automate the exploration and analysis phases of COBOL modernization  —  International Business Machines stock is getting slammed Monday, becoming the latest perceived victim of rapidly developing AI technology …