Cloud Gaming Stocks

$Alphabet-A(GOOGL.US)$ $Alphabet-C(GOOG.US)$
Alphabet was one of the first movers in the cloud computing space with Google Stadia. The platform enables users to play a library of video games on compatible devices. Stadia was released in November 2019 and has now become an industry giant. Though it has enjoyed considerable success in the sector, it seems to be lagging behind its competition in terms of performance, video gaming exclusivity and other services. Therefore, the next few years are critical for the company to stamp its authority again. If Stadia could generate sizeable revenues, it could help move GOOG and GOOGL stocks higher.
$NVIDIA(NVDA.US)$
Nvidia’s cloud gaming service, GeForce Now, has been in the market for more than a year. So far, the results have been excellent; membership has more than doubled, reaching 12 million since its launch. Moreover, it has contributed heftily to Nvidia’s gaming revenue, which grew by over 85% on a year-over-year (YOY) basis to more than $3 billion in its latest quarter. Moreover, it boasts a game library of more than 1,000 titles. Nvidia also recently partnered with $Electronic Arts Inc(EA.US)$ to bring some of its biggest titles to its platform.
$Apple(AAPL.US)$
While it isn’t strictly a cloud gaming service, Apple Arcade launched with great fanfare a couple of years ago. It offers access to a growing collection of games that can only be accessed through a device from Apple’s ecosystem. Any way you look at it, Apple Arcade and the cloud gaming sector still have a lot of potential to contribute meaningfully to Apple’s top-line and AAPL stock.