Major Bank Rating | Bank of America: Google's global search market share rises to 90%, maintains "Buy" rating

格隆汇2026/05/09 01:14

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Glonghui, May 9th｜According to the latest April data report released by Bank of America, the previously anticipated rapid erosion of Google's search market share by ChatGPT has not materialized. Instead, Google has maintained its search dominance, with its global search market share even rising against the trend to 90%. Google's global daily search visits have reached 2.8 billion, about 15 times that of ChatGPT and 105 times that of Anthropic's Claude, showing that Google's long-established search ecosystem, user habits, and business model remain difficult for AI platforms to shake in the short term. The report indicates that AI technology is making search results smarter and more precise, further increasing user engagement, and as the undisputed leader in the search market, Google is the biggest beneficiary. Based on the latest data, Bank of America maintains its "Buy" rating on Alphabet, with a target price of $430.

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On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

华尔街见闻•2026/11/12 15:31