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{{Infobox website
| name = Seeking Alpha
| logo = Seeking Alpha Logo.svg
| company_type = [[Privately held company|Private]]
| foundation = {{start date and age|2004}}
| founder = David Jackson
| location_city = [[Ra'anana]]
| location_country = [[Israel]]
| location =
| locations =
| area_served = Worldwide
| key_people = Eli Hoffmann<br>(CEO and Editor-in-Chief)
| industry = Finance
| products =
| services =
| revenue =
| operating_income =
| net_income =
| owner = Seeking Alpha Ltd.
| num_employees = 150
| parent =
| divisions =
| subsid =
| url = {{url|https://seekingalpha.com}}
| screenshot =
| caption =
| alexa = 1,908 (Global)<br>534 (U.S.)
| website_type = Financial commentary and analysis
| language = English
| advertising =
| registration =
| launch_date =
| current_status =
| footnotes =
| intl =
}}
 
'''Seeking Alpha''' is a [[Crowdsourcing|crowd-sourced]] content service for financial markets.<ref>{{cite news|last=Regan|first=Trish|title=How Social Media Can Influence Markets|url=https://www.bloomberg.com/video/how-social-media-can-influence-markets-KH~dUDrPSy2fmVthfpMWZg.html|accessdate=20 April 2014|newspaper=Bloomberg TV|date=24 March 2014}}</ref> Articles and research covers a broad range of stocks, asset classes, [[Exchange-traded fund|ETFs]] and investment strategies. In contrast to other equity research platforms, insight is provided by contributor base of investors and industry experts ([[buy side]]) rather than [[sell side]].<ref name="Review of Financial Studies, The">{{cite journal|last=Hu|first=Yu (Jeffrey) |author2=Hailiang Chen |author3=Prabuddha De |author4=Byoung-Hyoun Hwang|title=Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media|journal=The Review of Financial Studies|date=May 2014|volume=247|issue=5|pages=1367*1403|url=http://rfs.oxfordjournals.org/content/27/5/1367.full.pdf+html|accessdate=20 April 2014}}</ref><ref name=Digiday>{{cite web|last=Bilton|first=Ricardo|title=How publishers-turned-platforms pay their amateur contributors|url=http://digiday.com/publishers/publishing-platforms-pay-contributors/|publisher=''[[Digiday]]''|accessdate=20 April 2014}}</ref> Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson.<ref>"[https://www.usnews.com/usnews/photography/biz_gainers_losers_gallery/bigpicture.php?image=2&s_cid=2 Market Movers]", [[U.S. News & World Report]], March 2009. {{Webarchive|url=https://web.archive.org/web/20121021173016/http://www.usnews.com/usnews/photography/biz_gainers_losers_gallery/bigpicture.php?image=2&s_cid=2 |date=2012-10-21 }}</ref>
 
In 2011 the company stated it had distribution partnerships with [[MSN#MSN Money|MSN Money]], [[CNBC]], [[Yahoo! Finance]], [[MarketWatch]], [[NASDAQ]] and [[TheStreet.com|TheStreet]],<ref>[http://seekingalpha.com/instablog/229565-boaz-berkowitz/129214-bringing-you-more-exposure-msn-is-now-part-of-seeking-alpha-s-distribution-network Director of Contributor Relations]", Seeking Alpha, January 17, 2011.</ref> although Yahoo Finance ended its relationship with Seeking Alpha on July 28, 2014.<ref>"[http://seekingalpha.com/article/2343015-an-end-to-our-relationship-with-yahoo-a-new-era-for-equity-research An End To Our Relationship With Yahoo, A New Era For Equity Research]", Seeking Alpha, January 25, 2014.</ref><ref>{{cite journal|last=Hu|first=Yu Jeffrey |author2=Hailiang Chen |author3=Prabuddha De |author4=Byoung-Hyoun Hwang|title=Associate Professor and Consultant|journal=The Review of Financial Studies (RFS)|date=14 April 2014|volume=27|issue=5|pages=1367–1403|url=http://rfs.oxfordjournals.org/content/27/5/1367.full.pdf+html|accessdate=20 April 2014}}{{cite news|last=Chernova|first=Yuliya|title=Study: Crowdsourced Stock Opinions Beat Analysts, News|url=https://blogs.wsj.com/venturecapital/2014/03/19/study-crowdsourced-stock-opinions-beat-analysts-news/|accessdate=20 April 2014|newspaper=The Wall Street Journal|date=19 March 2014}}</ref>
 
As of February 2014, the firm had 3 million registered users, and attracted 8 million unique viewers a month.<ref>{{Cite web | last=Tweney | first=Dylan | title=Seeking Alpha: Who needs an acquisition when we're doing so well? | url=https://venturebeat.com/2013/10/09/seeking-alpha-acquisition/|publisher=VentureBeat | date=9 October 2013| accessdate=22 April 2014}}</ref><ref>{{cite web|title=CrunchBase|url=http://www.crunchbase.com/company/seekingalpha|publisher=TechCrunch|accessdate=22 April 2014}}</ref>
 
==Contributors==
In 2014, the ''Review of Financial Studies'' published, ''Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media''. Researchers from [[City University of Hong Kong]], [[Purdue University]] and [[Georgia Institute of Technology]] analyzed approximately 100,000 Seeking Alpha articles and commentary published between 2005 and 2012. The researchers looked at the ability of Seeking Alpha articles to predict not only future stock returns (a variable susceptible to influence by analysts' published opinions), but also future earnings surprises (a variable unlikely to be influenced by published opinions). The authors found that views expressed in Seeking Alpha articles, as well as reader commentaries on those articles, did predict future stock returns over every time-frame examined, from one month to three years. Articles and reader commentaries also predicted earning surprises.<ref name="Review of Financial Studies, The" /><ref>{{cite web|last=Chernova|first=Yuliya|title=Study: Crowdsourced Stock Opinions Beat Analysts, News|url=https://blogs.wsj.com/venturecapital/2014/03/19/study-crowdsourced-stock-opinions-beat-analysts-news|publisher=The Wall Street Journal|accessdate=21 April 2014}}</ref>▼
The site's content is generated by independent contributors. Payments for exclusive articles are set at a rate of $13 per 1000 page views, with some articles qualifying for minimum page view guarantees or additional bonuses. <ref>{{Cite web|url=https://seekingalpha.com/page/payment-terms|title=Contributor Payment Terms|website=Seeking Alpha|language=en-US|access-date=2019-03-10}}</ref><ref>{{Cite web|url=https://www.valuewalk.com/2018/06/seeking-alpha-editors-picks/|title=Seeking Alpha -Major Changes To Editors’ Pick, Welcome Pro Editor Bonus|last=infovaluewalk.com|first=Author: Guest PostIf you are interested in contributing to ValueWalk on a regular or one time basis-email us at|date=2018-06-25|website=ValueWalk|language=en-US|access-date=2019-03-10}}</ref>
 
For 2011, the firm was projected to pay its approximately 550 exclusive article contributors $1.2 million.<ref>{{cite web|title=Updated: Seeking Alpha On Track To Pay Its Bloggers $1.2 Million This Year|url=http://paidcontent.org/2011/07/06/419-seeking-alpha-on-track-to-pay-its-bloggers-1-2-million-this-year/|work=paidContent|accessdate=24 October 2013|archive-url=https://web.archive.org/web/20131025015253/http://paidcontent.org/2011/07/06/419-seeking-alpha-on-track-to-pay-its-bloggers-1-2-million-this-year/|archive-date=2013-10-25|dead-url=yes|df=}}</ref>
 
Notable contributors include [[Henry Blodget]] and [[Paco Ahlgren]].{{citation needed|date=May 2019}}
 
In 2013, [[WIRED magazine|''Wired'']] named Seeking Alpha one of the "core nutrients of a good data diet."<ref>[https://www.wired.com/2013/08/101signals-business/ WIRED: 101 Signals]</ref>▼
== The Wisdom of Crowds ==
▲In 2014, the ''Review of Financial Studies'' published, ''Wisdom of Crowds: The Value of Stock Opinions Transmitted Through Social Media''. Researchers from [[City University of Hong Kong]], [[Purdue University]] and [[Georgia Institute of Technology]] analyzed approximately 100,000 Seeking Alpha articles and commentary published between 2005 and 2012. The researchers looked at the ability of Seeking Alpha articles to predict not only future stock returns (a variable susceptible to influence by analysts' published opinions), but also future earnings surprises (a variable unlikely to be influenced by published opinions). The authors found that views expressed in Seeking Alpha articles, as well as reader commentaries on those articles, did predict future stock returns over every time-frame examined, from one month to three years. Articles and reader commentaries also predicted earning surprises.<ref name="Review of Financial Studies, The" /><ref>{{cite web|last=Chernova|first=Yuliya|title=Study: Crowdsourced Stock Opinions Beat Analysts, News|url=https://blogs.wsj.com/venturecapital/2014/03/19/study-crowdsourced-stock-opinions-beat-analysts-news|publisher=The Wall Street Journal|accessdate=21 April 2014}}</ref>
 
==Reception==
▲In 2013, [[WIRED magazine|''Wired'']] named Seeking Alpha one of the "core nutrients of a good data diet."<ref>[https://www.wired.com/2013/08/101signals-business/ WIRED: 101 Signals]</ref>
In 2007, Seeking Alpha received a [[Forbes]]' Best of the Web designation<ref>{{cite web|url=https://www.forbes.com/bow/b2c/review.jhtml?id=7624|title=Forbes Best Of The Web|author=Forbes|date=December 17, 2004|accessdate=27 April 2013|location=website|archiveurl=https://web.archive.org/web/20120215125344/http://www.forbes.com/bow/b2c/review.jhtml?id=7624|archivedate=February 15, 2012 }}</ref> and was selected by [[Kiplinger]]'s as Best Investment Informant.<ref>"[http://www.kiplinger.com/magazine/archives/2007/11/best.html The 2007 Best List]", [[Kiplinger]]'s Personal Finance Magazine, November 2007.</ref> In 2011 Seeking Alpha Market Currents was listed as number one in [[Constantine von Hoffman]]'s list of Essential Economic blogs.<ref>{{cite news|last=von Hoffman|first=Constantine|title=10 Essential Economic Blogs|url=http://www.inc.com/constantine-von-hoffman/10-essential-news-sources-for-economic-heretics.html|newspaper=Inc Magazine|date=Dec 26, 2011}}</ref>
 
==See also==
*[[Alpha (finance)]]
*[[Do-it-yourself investing]]
 
==References==
{{Reflist|30em}}
 
== External links ==
*[https://seekingalpha.com/ Seeking Alpha]
 
[[Category:Blogs]]
[[Category:Companies established in 2004]]▼
[[Category:Economics websites]]
[[Category:Internet companies of the United States]]
▲[[Category:Companies established in 2004]]
[[Category:Securities (finance)]]
[[Category:Personal finance websites]]
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