The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Microsoft → unnamed vendor(s)

$50.0B (floor) — On its earnings call of July 29, 2026, as transcribed by The Motley Fool, Chief Financial Officer Amy Hood said in her outlook for the first quarter of fiscal year 2027 (the three months ending September 30, 2026) that capital expenditures spend will be over $50 billion, including the lease reclassification impact from the useful life update. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

low confidence · as of 2026-07-01T00:00:00Z ·

$50.0B (floor) — On its earnings call of July 29, 2026, as transcribed by The Motley Fool, Chief Financial Officer Amy Hood said in her outlook for the first quarter of fiscal year 2027 (the three months ending September 30, 2026) that capital expenditures spend will be over $50 billion, including the lease reclassification impact from the useful life update. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)


the working

Basis

$50.0B (floor) — On its earnings call of July 29, 2026, as transcribed by The Motley Fool, Chief Financial Officer Amy Hood said in her outlook for the first quarter of fiscal year 2027 (the three months ending September 30, 2026) that capital expenditures spend will be over $50 billion, including the lease reclassification impact from the useful life update. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

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