IBM workforce changes 2026 explained: Why is IBM cutting jobs while planning to hire more? Here are the roles it's hiring for and what it plans nextIBM layoffs and hiring: IBM is undergoing a significant transformation, shifting its focus to hybrid cloud and artificial intelligence. Thi...
26 Mar, 2026, 10.24 PM IST
ETtech Explainer: Decoding Anthropic’s Claude Code update that triggered IBM selloffA single Anthropic blog claiming its AI model Claude can read and modernise COBOL wiped nearly $30 billion off IBM’s market value. COBOL, a...
25 Feb, 2026, 07.49 AM IST
IBM stock crash: How a single blog post wiped $30 billion off IBM’s market value in one afternoon - here's what rattled investorsIBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop...
24 Feb, 2026, 05.26 PM IST
Explained: How IBM’s 13% plunge on Anthropic’s COBOL disruption fears sparked bloodbath in TCS, Infosys, Wipro & other IT stocksIBM Share Price and Anthropic AI Impact: IT stocks slumped on February 24, falling up to 8%, after IBM plunged 13% on Wall Street—its worst...
24 Feb, 2026, 02.45 PM IST
US Stocks | IBM posts steepest daily drop since 2000 after Anthropic says AI can modernize COBOLIBM shares plummeted over 13% on Monday, marking their worst single-day fall in over two decades. This sharp decline followed AI startup An...
24 Feb, 2026, 08.40 AM IST
IBM posts steepest daily drop since 2000 after Anthropic says AI can modernise COBOLShares of International Business Machines recorded their steepest daily drop in more than 25 years on Monday, after AI startup Anthropic sa...
24 Feb, 2026, 08.28 AM IST
IBM's slowing cloud growth eclipses upbeat third-quarter resultsSlower growth in IBM's cloud segment, housed within its software unit, raised alarm bells across investors betting heavily on Big Blue's ab...
23 Oct, 2025, 08.20 AM IST
IBM CEO makes play for AI market and more US investmentIBM also announced in April that over the next five years, it would invest $150 billion in the United States, where it has manufactured mai...
06 May, 2025, 03.03 PM IST
IBM's quarterly revenue beats estimates on resilient software, strong mainframeIBM reported third-quarter revenue that slightly exceeded Wall Street expectations, driven by steady demand for its software solutions and ...
26 Oct, 2023, 09.21 AM IST
IBM misses second-quarter revenue estimates as tech spending coolsIT companies have warned of more pain as businesses striving to cut costs in the face of rising inflation snip tech budgets, hurting the in...
20 Jul, 2023, 07.35 AM IST
IBM unveils servers targeting e-commerce, mobile app economyz13 is the first system able to process 2.5 billion transactions a day. Its transactions are persistent, protected and auditable from end-t...
19 Jan, 2015, 05.24 PM IST
- EU probes IBM over 'abuse' of market power
European competition enforcers announced on Monday they were probing computer giant IBM on two separate cases relating to antitrust infring...
26 Jul, 2010, 06.14 PM IST
- IBM 3Q profit jumps 20 pct as hardware sales slump
IBM Corp.'s third-quarter profit jumped nearly 20 percent, surpassing analyst estimates, as the technology company overcame slumping hardwa...
17 Oct, 2008, 05.13 AM IST
- IBM to make computers to power games, sites
International Business Machines (IBM) plans to create computers powerful enough to run Web sites and online games while millions of people ...
26 Apr, 2007, 02.10 PM IST
- Mainframes still the best bet for IBM
Cheap little servers handle so much of the internet’s dirty work that giant computers known as mainframes, that debuted 50 years ago and of...
31 Oct, 2006, 12.04 AM IST
- IBM Q3 net up by 47% to $2.2 bn
International Business Machines, the world’s biggest computer-services company, said third-quarter profit jumped 47%, beating analysts’ est...
19 Oct, 2006, 12.00 AM IST
- IBM launches new biz class mainframe
IBM on Tuesday launched a new business class mainframe in India, seeking to expand its footprint into the rapidly-growing mid-market enterp...
20 Jun, 2006, 04.30 PM IST