We saw Australian shares close mostly flat today, even as one of the country’s major industrial groups posted very strong revenue growth. The S&P/ASX 200 barely budged, ending the session almost unchanged, reflecting caution among traders. The lack of major movement in the broader market highlights mixed sentiment. On the one hand, solid company earnings…
ibm stock slides about 13% as Anthropic’s Claude Code sparks COBOL modernization fears. We explain the Anthropic COBOL threat, impact on revenue mix, technicals, and key catalysts.
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