Apple, Nvidia, Google, Amazon and Meta lose nearly a billion dollars

High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla were down as much as 12.2% in pre-market trading. The stock plunge followed Friday’s weak U.S. payrolls report, which pushed investors into safe-haven assets and spurred bets that the Federal Reserve will have to cut interest rates soon to help growth. Meanwhile, Nvidia’ s shares…