Google's parent company Alphabet announced a strong increase in both earnings, which reached $ 17.93 billion, and revenue for the first quarter of 2021. Significant increase in sales by 34%, to $ 55,31 billion, while earnings per share were $ 26.29 against an estimate of $ 15.82. Revenue from Google Cloud was $ 4.05 billion against an estimate of $ 4.07 billion, while YouTube ad sales reached $ 6.01 billion against an estimate of $ 5.7 billion. The company also announced that the board approves buybacks of up to $ 50 billion in Class C stocks. Alphabet shares jumped 4.7% in online trading after those results.