🟢 V is trading 5% up today on Q2 earnings beat and upbeat growth guidance

V is trading at $324.79 (+5%) in pre-market after reporting a Q2 earnings beat driven by strong cross-border volume and upbeat guidance.

• Net revenue rose 17% YoY to $11.2B while non-GAAP EPS reached $3.31, both exceeding Wall Street expectations.
• Management maintained its low-double-digit growth outlook, positioning the company as a payments hyperscaler as payments volume grew 9% and cross-border volume rose 12%.