V is trading at $322.80 (+4.3%) after reporting a Q2 earnings beat and maintaining its full-year growth outlook.
- Net revenue reached $11.2B (+17% YoY) with non-GAAP EPS of $3.31 (+20%), both exceeding analyst expectations.
- Payments volume and processed transactions grew 9% YoY, supported by a 12% surge in cross-border volume.
- Management highlighted Visa as a payments hyperscaler and reaffirmed its low-double-digit guidance for the fiscal year.