Earnings preview: Broadcom, NIO take center stage

Broadcom set to report earnings

What to expect:

Analysts expect Broadcom (AVGO) to report earnings of $9.70 per share on revenue of $8.9 billion. This would represent a year-over-year increase in earnings of 21% and revenue of 15%. Broadcom is a leading provider of semiconductor solutions for the data center, networking, and wireless markets.

Key factors to watch:

Investors will be watching Broadcom's earnings report closely for any updates on the company's outlook for the rest of the year. The company has benefited from the strong demand for its products in the data center and networking markets, but it is also facing some headwinds from the global chip shortage.

NIO to report earnings

What to expect:

Analysts expect NIO (NIO) to report a loss per share of $0.12 on revenue of $1.5 billion. This would represent a year-over-year decrease in revenue of 14%. NIO is a leading manufacturer of electric vehicles in China.

Key factors to watch:

Investors will be watching NIO's earnings report closely for any updates on the company's plans to expand its production capacity and enter new markets. The company has been facing some challenges in the past year, including the global chip shortage and the COVID-19 pandemic, but it remains one of the most promising players in the electric vehicle market.