many investors are asking, where have all the doves gone >>> we also have china's beige book ceo, leland miller on this year's head fake for china's growth that's what he's calling it, even though alibaba shares are up on blowout results. >>> ceo mark fields, tough week for evs, lucid crumbling, tesla is lower on the week earnings reaction from nikola. >>> stock losing momentum in the last few minutes s&p flirting with the 4,000 level. we were higher earlier we lost a lot of the gains up 0.2 on the s&p. nasdaq was up on nvidia and ai enthusiasm let's bring in mike santoli. turn in the markets this morning. what happened? >> it's a little test of how much nvidia is really a bellwether and how much is a unique, singular situation i think we got a little of a verdict on that. nvidia right now, its gain is more than the overall gain in the s&p 500, so it shows you the rest of the market we are around these same levels. 5% pullback from the highs of three weeks ago. the other piece is the two-year treasury yield trading more or less at the cycle highs. other yields came in nothing in the revised gdp

leland miller, thank you of the china beige book international.this captures growth projections. the immediate projection for chinese gdp, 5.2% this year, 5% the year after and the year after that. five handle. tom: bloomberg has a great study, and this is annual gdp. there was the time of the fiction of 10% gdp, 2010, 13 years ago, 10% gdp. down we go to the shock of the pandemic. i did a fancy moving average study, out nine months or so, a 5.8%, 5.9% of the center tendency, so that 5% is just below that. jonathan: apple in the middle of this. a press release was sent out from bloomberg intelligence, a survey of generation z on apple and grand apple and the iowa system. apple was the -- ios system. apple was the winner of consumers aged 18 to 24, 70 9% preferring it versus the current market share of 41%, leading us to believe, us being bloomberg intelligence, that ios can become more dominant as the users age. that was the take from a survey done. tom: this offside looks at the addressable audience, and with the cloud, this is a huge topic, but

many investors are asking, where have all the doves gone >>> we also have china's beige book ceo, leland millerceo mark fields, tough week for evs,