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IBM shares plummet 13% after Anthropic COBOL announcement

GaryBluto Tuesday, February 24, 2026
Summary
IBM shares plunged 13% after Anthropic launched a new AI tool, marking IBM's worst single-day performance since 2000. The article discusses the impact of Anthropic's AI tool on IBM's stock and the company's ongoing challenges in the AI market.
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forbes.com.au
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