Tech Glossary
What is Bloomberg Terminal?
Bloomberg Terminal is a database and analysis tool used primarily in the financial sector. The tool provides users with access to real-time data, news and analysis about financial markets and companies.Bloomberg Terminal is used by financial analysts, investors and other financial professionals to gain insights and make informed decisions. Among other things, the tool offers the ability to monitor market prices, analyze financial reports and perform technical analysis. Compared to other financial analysis tools, Bloomberg Terminal offers a large amount of data and tools to help users quickly and efficiently analyze financial markets. Although there are other similar tools on the market, such as Thomson Reuters Eikon and FactSet, Bloomberg Terminal is one of the most popular and used tools in the financial industry.