CNBC Pro Review
Are you considering getting your own CNBC Pro subscription? CNBC Pro is a premium subscription service offered by well-known business network, CNBC. With this subscription service users gain access to live streams of CNBC programming, premium news stories, video clips, and a daily newsletter. So, is this service worth purchasing? Find out in our review of CNBC Pro.
CNBC Pro is a premium subscription service from the widely used business network CNBC. With Pro, you get access to a live stream of CNBC’s television programming, exclusive news stories and video clips, and a daily newsletter.
The service comes with a hefty price tag, though, and it’s not clear that the content is necessarily that much more actionable than what you get by using CNBC’s free service. That’s doubly true if you already have access to CNBC’s live programming through a streaming service or your cable subscription.
So, let’s take a closer look at this premium subscription service in this review of CNBC Pro.
CNBC Pro Pricing Options
CNBC Pro costs $29.99 per month or $299.99 per year. You can sign up for a seven-day free trial to try out the service.
CNBC Pro Features
CNBC Live TV
One of the key features that CNBC Pro offers is access to a stream of the network’s live television programming. You get access to the same stream that US broadcast television viewers see, plus the option to view CNBC’s programming in Europe and Asia.
Notably, you can also stream CNBC online without a Pro subscription as long as you have a cable subscription that includes this channel. You won’t get Europe or Asia programming, but that’s not a big deal unless you’re focused on overseas markets. CNBC is also included with a number of streaming services, such as Hulu, fuboTV, and SlingTV.
Pro Stories And Videos
Another major selling point of CNBC Pro is that it comes with access to premium news stories and videos. Many of the videos are exclusive interviews with fund managers and analysts, and they range from around 5 to 10 minutes in length. There are several different verticals for stories, including news, “Follow the Pros” (which discusses news around well-known investors and fund managers) and investing trends.
The stories and videos are nice, but there isn’t much differentiation from CNBC.com’s free content. The Pro stories are highly similar in style and subject matter to those on CNBC.com, and there doesn’t appear to be a specific set of writers or topics that are exclusive to the Pro service. The Pro stories are actionable, but not necessarily any more so than the free stories.
CNBC Pro comes with a daily newsletter each morning, which essentially rounds up the top Pro news stories of the day. The list of stories is prefaced by a short letter from one of CNBC’s reporters, which provides a brief summary of the one or two most important stories for US investors. The newsletter takes just a minute to browse through, so it’s a useful tool for getting a handle on the market at the start of each trading day.
Customization And Layout
For better or worse, CNBC Pro doesn’t offer any options for customizing your service. You cannot select market sectors or use a watchlist to tailor your news feed, nor can you set up alerts for stories about specific companies.
CNBC Pro Platform Differentiators
CNBC Pro is nice, but the premium service hasn’t done enough to separate itself from the free version of CNBC.com. Much of the value of the service is in its live stream of CNBC’s television programming, but this is only a benefit if you don’t already have access to CNBC’s stream through your cable provider or a streaming service like Hulu.
That said, CNBC Pro’s stories and videos do offer interviews with CEOs, hedge fund managers, and other top investors. The stories also include analysis from professional business reporters, which isn’t always the case for other market news services.
What Type Of Trader Is CNBC Pro Best For?
CNBC Pro is best for short- and medium-term investors who don’t already have access to a CNBC live stream through another source. The exclusive news stories, videos, and daily newsletter are nice, but they aren’t enough on their own to justify the $300 per year price tag if you already have CNBC’s television programming. In any case, most of CNBC’s content focuses on medium-term market trends, so it’s best suited for active investors who are willing to put in their own research.
If you already have CNBC’s television service, there are other similar but distinct services that could be good alternatives to CNBC Pro. Day traders can get access to breaking news more quickly using a service like Benzinga or TradeTheNews. Medium and long-term investors could supplement CNBC’s broad-strokes analysis using a market news and analysis service like SeekingAlpha or MarketBeat or a stock picking service like Motley Fool Stock Advisor.
- Includes live stream of CNBC broadcast programming
- Live stream of CNBC coverage in Europe and Asia
- Exclusive news stories
- Interviews with fund managers and analysts
- Daily newsletter highlights the top news
- Expensive annual subscription
- Little value if you already have a CNBC stream