- BofA data (via Similarweb): Google global daily web visits ~2.8 billion in August, +3% year-over-year.
- ChatGPT comparison: reported decline of ~5% y/y to 181 million visits in August.
- Bank of America used the snapshot to argue Google’s search and mobile advantages remain intact.
- Price action: Kobaran reports Alphabet shares climbed for a third session, trading toward the mid-$340s.
- Context: the note frames the move as investor reassurance after concerns about heavy AI capex and earlier share weakness.
- Next steps: article notes the upcoming earnings report will be an important test of whether fundamentals back the traffic snapshot.
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