This is one of the reasons Bloomberg Terminal is the top lion in this industry.īenzinga pricing is attractive to individual and professional traders. Institution traders are responsible for about 70% of the stock trading volume. However, the company’s core market consists of institutional traders, professional traders, and investment bankers. This is how Benzinga compares in price and value to Bloomberg and MarketBeat… Serviceīloomberg Terminal’s monthly subscription may seem outrageously high. For more details on this service, read our MarketBeat review. Today, MarketBeat All Access has over 8,300 subscribers and the company’s estimated annual revenue is around $3 million. MarketBeat responded by beefing up its real-time financial news reporting and enhancing its research data sets. However, his team soon discovered that the most powerful research tools were useless without complete, accurate, and fresh financial data.
When Matthew Paulson launched MarketBeat in 2011, the company focused on state-of-the-art stock research tools. Now, it must compete with the new entrants in this field. The Bloomberg Terminal revolutionized the financial markets by providing transparency. Most major banks and hedge funds depend on Bloomberg market news. Plus, it has about 33% market share of the financial data market. It makes around $10 billion a year and has over 325,000 licensed terminals. Be sure to check out our Benzinga Pro review for an in-depth look at the company’s premium service.Įstablished in 1981, Bloomberg is the king of financial news.
Benzinga’s estimated annual revenue is a little over $10 million. It supplies fresh market data to TD Ameritrade, TradeStation, Bloomberg, and MarketWatch.
Bazinga pro upgrade#
Benzinga Pro is actually an upgrade of the Benzinga free news service. Since then, it has evolved into a major news service with a league of reporters and a news center. Jason Raznik started Benzinga 21 years ago. Benzinga delivers real-time news to day traders and investors.
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