Understanding the fundamentals of companies is crucial when evaluating stocks to buy. These stocks remain undervalued and are industry leaders with strong growth potential, positioning them to signifi
Mark Zuckerberg's Meta has agreed to pay $1.4 billion to settle a lawsuit revolving around facial recognition data. Transcript: Conway Gittens: Here's what we're watching on TheStreet today.

The Top 3 Nasdaq Stocks to Buy Now: Summer 2024

04:30pm, Tuesday, 30'th Jul 2024
The Nasdaq Composite has been a solid benchmark for many years. It's up by 16% year-to-date and has logged a 114% gain over the past five years.
Meta is on a mission to dominate messaging apps in the US, and AI is helping it gain steam. WhatsApp hit 100 million monthly active US users last week; it has more than 2 billion globally.
Meta has agreed to pay $1.4 billion to settle a lawsuit accusing it of violating a Texas state privacy law with a feature for "tagging" friends in Facebook photos, according to a deal finalized Tuesda
Meta Platforms' (META) second-quarter 2024 results are expected to reflect the benefits of improving advertising business.
Meta Platforms (META) agreed to a $1.4 billion settlement over its collection of personal biometric data from Facebook users, Texas Attorney General Ken Paxton said Tuesday.
Meta Platforms (NASDAQ: META ) has been one of the brightest stars in the Magnificent Seven rally, with the stock delivering incredible multibagger returns from its 2022 selloff lows. I was pounding t
Meta will pay a record $1.4 billion to settle a biometrics-related lawsuit in Texas. In a Tuesday (July 30) news release, Texas Attorney General Ken Paxton said the settlement was the largest ever fr
Dan Ives predicts a tech bull market lasting 2-3 years, driven by Generative AI and investments in enterprise space. Qualcomm's Dr. Vinesh Sukumar on its partnerships and AI ambitions.
Meta reached a $1.4 billion settlement with Texas Attorney General Ken Paxton on Tuesday to settle a 2-year-old lawsuit related to the company's use of facial recognition software.
The lawsuit, filed in 2022, was the first major case to be brought under Texas' 2009 biometric privacy law, according to law firms tracking the litigation.
UPDATE—July 30, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
The parent company of Facebook and Instagram faced allegations that it had collected facial identification information on millions of users in violation of a state law.
The lawsuit by Texas against Meta involved the Facebook owner's capture and use of biometric data without legally required authorization.
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