🐳Gary McCarthy 🐳

29th April 2026 - 40 years since Chernobyl and a reminder that "every lie we tell incurs a debt to the truth. Sooner or later that debt is paid." Some thoughts... gravitas.sparkcrowdfunding.com/the-truth-can-…

21st May 2026 - some welcome heat coming, while on Wall St it’s sizzling IPO time as $3.5 trillion worth of companies seek to list over summer; Anthropic, SpaceX and OpenAI could have combined value greater than French GDP.. 👀👀 #FortyFoot

20th May 2026 - the world watches Nvidia’s results tonight and the gobsmacking corruption of the Trump family deal with itself, or officially the US government via its IRS dept. Billion dollar slush funds, tax audit waivers into perpetuity and …shameful GOP silence #FortyFoot

19th May 2026 - all eyes on Man City tonight ⚽️⚽️ and another Trump deadline or TACO.. 🌮 🍊🍊🌮🌮🍊#PuertoSantiago

18th May 2026 - while bond markets fret, the US President is running a day-trading side hustle. Just the 3,700 stock trades in Q1, or 40 trades a day! But not a peep on conflicts or corruption from senior GOP leaders. The shame … #LosGigantes

17th May 2026 - perfect calm while the leader of the free world is currently is panic posting on Truth Social…. completely unfit for public office #LosGigantes

16th May 2026 -- Heartbreak for Hearts, legend status for Celtic's Martin O'Neill.... ⚽️⚽️⚽️ #LosGigantes

15th May 2026 - Happy Friday… nuff said. #CrabIsland

14th May 2026 - so the stalking horses line up as Keir Starmer’s replacement; interesting to see how Wes Streeting and Andy Burnham deliver their Caesarean dagger … 👀👀 #PuertoSantiago

13th May 2026 - could be a busy day tomorrow with US-China summit and more UK political chaos... #LosGigantes

11th May 2026 - Happy Monday as the Nasdaq adds another 1000 points in one week. Some might remember the times it would take17 years to do the same. Actually, not so long ago - from 2000 to 2017 ! 😳😳 #FortyFoot

9th May 2026 - a little vitamin sea before a wave of weekend sporting fun from DLTC League 🎾🎾, Leinster 🏉🏉🏉 and Arsenal ⚽️⚽️ #FortyFoot

8th May 2026 - UK voters with sweet memories of “sunlit uplands” and stunning Brexit success have voted in their increased millions for Farage’s Reform party and its Thai-based crypto billionaire backers. As Blackadder might say, it rhymes with “clucking bell” #Ballycotton

7th May 2026 - all eyes on UK local elections tonight and potentially seismic impact of the arrival of 5-party politics, Wales going solo, and the implosion of Labour to complete the extinction of 2-party politics in GB 🇬🇧🇬🇧🇬🇧 - bond markets await 👀👀 #Bath

BREAKING: The S&P 500 closes at its highest level on record, now up +16.6% since the March 30th bottom. That's +$9.6 TRILLION in market cap in 27 trading days.

6th May 2026 - the global AI race is about to switch its leader. Google on the cusp of becoming the most valuable company in the world ahead of Nvidia… 👀👀#Sandycove

4th May 2026 - Strait of Hormuz hotting up again, while the stable genius with the nuclear codes recklessly threatens that Iran will be “blown off the face of the earth” if US ships attacked #Seapoint

3rd May 2026 - Trump due to make “Urgent Announcement” at 4pm ET. Will it be an update on the Epstein Memorial Ballroom project at the White House…. ? #FortyFoot

2nd May 2026 - the calm before the sporting storm.... crunch Saturday for Leinster 🏉🏉and Arsenal ⚽️⚽️ - let's go! #Sandycove

@rodriscoll Gulp!! Good explainer - thanks.

You have two jobs when you're running an enterprise foundation model company. One, build amazing models, and two, buy enough compute to meet all the demand you get. Both jobs are hard, but hard in very different ways. Last quarter each of the top two FM companies got one job right. OpenAI nailed compute but until 5.5 they whiffed on the model. Anthropic nailed the model but came up light on compute. It’s pretty obvious why building a model is hard. It’s worth taking a minute to look at how hard capex planning must be. Three factors come together. First, these companies are capex-intensive, every dollar of revenue needs 3x plus in capex. Second, capex has at least a one year time lag, and third, the companies are growing at a 10x-plus rate. Put all that together, and it means that a company doing 1Bn in ARR now, looking out one year, has to be thinking about 10x growth times 3x capex, which means committing to capex that is thirty times the current revenue run rate. And you have to do that every year. It makes running an airline look easy.

Coming out of the Great Financial Crisis the entire US stock market was worth around $10 trillion Today the combined market cap of Nvidia, Google, Microsoft and Apple alone is almost $17 trillion