🟢 V is trading 9.74% up today on Q2 earnings beat and hyperscaler growth outlook

V is trading at $339.43 (+9.74%) after reporting a fiscal Q2 earnings beat and framing the company as a payments hyperscaler.

• Net revenue reached $11.2B (up 17% YoY) with non-GAAP EPS of $3.31 (up 20%), driven by a 12% increase in cross-border volume and 9% growth in payments volume.
• Management maintained low-double-digit growth guidance for the year, leading the stock to outperform a down market (S&P 500 -0.24%) following the April 28 report.