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Google sales top estimates on ad surge; Alphabet plans

Alphabet s overall sales rose 34% in the first quarter of 2021, to $55.3 billion  The figure, announced Tuesday, exceeds analysts prediction of $51.7 billion The impressive figure is fueled by surge in advertising revenue and cloud sales  Alphabet also announced a $50 billion share buyback Alphabet s quarterly profit rose 162% to $17.9 billion, or $26.29 per share  Shares rose about 4% to $2,375 in extended trading on Tuesday

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