Market Extra: Microsoft, Apple and Meta outperform as investors seek safety from SVB chaos in megacap tech stocks

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Investors are seeking succor from this week’s U.S. stock market volatility in shares of some of the most established technology companies in the wake of the collapse of California’s Silicon Valley Bank where many startup businesses banked.

The collapse of SVB and two other U.S. banks has sent shockwaves across bond and equity markets while raising serious questions about the health of the banking system.

But…