‘The Irony’: ACV Auctions CEO’s AI Rebuttal Couldn’t Stop a 36% Slide
ACV Auctions CEO George Chamoun used the company’s February 23, 2026 earnings call to make a pointed claim: ACV is not at risk from AI disruption in wholesale auto — it is…
ACV Auctions Inc. revolutionizes the way wholesale vehicles are bought and sold through its digital marketplace. This innovative platform not only facilitates real-time online auctions but also offers a suite of services designed to streamline the entire process. From pre-auction vehicle filtering and inspection reports to transportation quotes and short-term financing options, ACV Auctions ensures a seamless transaction experience. Additionally, the company provides data services and inventory management software to help dealers optimize their pricing and sales strategies. Founded in 2014 and based in Buffalo, New York, ACV Auctions is at the forefront of transforming automotive wholesale trading.
ACV Auctions CEO George Chamoun used the company’s February 23, 2026 earnings call to make a pointed claim: ACV is not at risk from AI disruption in wholesale auto — it is…
Carl Icahn has made another huge bet, boosting his stake in a utility infrastructure company. It was not the only big insider buying though.