IBM stock falls after Anthropic says AI can now modernize old software

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 ...
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The old software investing playbook is dead. Here’s where to put your money now.

U.S. and European software companies have seen their shares sell off on the back of artificial-intelligence jitters in recent days — and big questions about the future of the software sector are ...

'Old economy' stocks look expensive and software screams cheap. Is that enough to end the rotation?

Some sectors in the S&P 500 have valuations out of step with their history. That doesn't mean the shakeup will stop soon.
Morningstar

The old software investing playbook is dead. Here's where to put your money now.

Software companies are facing a reckoning as AI lowers barriers to entry. Experts share how to find winners in an evolving competitive landscape. Salesforce's stock has fallen this year, and investors ...