IBM plummeted 13.15% today! Over $31.68 billion in market value evaporated overnight! The trigger? Anthropic announced that Claude can efficiently read, refactor, and optimize decades-old COBOL legacy code buried in banking and government systems... IBM has been making easy money maintaining these 'digital fossils' for decades, and now AI is cutting straight through, basically slashing its core cash cow. Dario Amodei’s move is like rubbing traditional tech giants’ faces in the dirt - Is this the start of a long bear market for IBM? - Who’s the next 'easy money giant' to get wrecked by AI? (Accenture? Oracle?) - How many more years does COBOL have left? Or is it game over by next year? #IBM #COBOL #AI #Claude #Anthropic #StockMarketBloodbath