Bio
Saqib is COO and co-founder at A47 AI, where he runs operations and leads the prediction-markets initiative. He covers crypto, Web3, and the decentralization of the sport and entertainment economy.
Editorial Responsibility
As A47's prediction-markets and crypto editor, I am responsible for our coverage of these markets and Web3 — ensuring it is grounded in real product, data, and revenue rather than speculation.
Previous experience · 14+ years
- · WPP Media (GroupM PK, Wavemaker PH)
- · MYCO
- · ARY Digital Network
Education
MBA Marketing, SZABIST
Areas of expertise
Categories overseen
Stories from Saqib Pathan’s desk
8507 stories- Economy· World
ECB raises interest rates for the first time since 2023 amid Middle East tensions
The European Central Bank has increased interest rates, marking its first adjustment since 2023. This decision is driven by rising inflation exacerbated by the ongoing Iran war and the resulting energy crisis in the Middle East. The long-term implication may lead to a shift in global monetary policies as other central banks respond to similar inflationary pressures.
4 sourcesJun 14Low
- Business· World
Oracle's stock drops 11% following announcement of increased AI capital spending
Oracle's shares fell approximately 11% after announcing plans for a large capital raise to support AI initiatives. The immediate investor reaction stems from concerns about the implications of heavy spending on AI and data centers, particularly regarding debt financing. Long-term, Oracle's ability to manage this debt while pursuing aggressive growth in the AI sector will be crucial for its financial stability and investor confidence.
3 sourcesJun 14Moderate
- Crypto· World
MassPay partners with Coinbase to enable USDC stablecoin payments across 180 countries
MassPay and Coinbase have announced a partnership to facilitate USDC-based payments across a global network. This collaboration is driven by the need for enterprises to find more efficient cross-border payment solutions at this time. The long-term implication is that this partnership may accelerate the adoption of stablecoins in enterprise finance, potentially transforming the global payments landscape.
4 sourcesJun 14Low
- Economy· World
European Central Bank Considers Second Interest Rate Increase Amid Inflation Concerns
European Central Bank officials are contemplating a potential second interest rate increase as early as July. This consideration follows a recent rate hike and ongoing inflationary pressures that necessitate further monetary policy adjustments. The long-term implication is that continued inflation management will shape the ECB's strategies and economic stability in the Eurozone.
3 sourcesJun 14Low
- Economy· World
Gold prices decline to six-month low amid investor sell-offs
Gold has dropped to a six-month low amid investor sell-offs. The decline is attributed to expectations of US interest rate hikes and geopolitical factors, including the Iran war. The outlook for gold remains uncertain as macroeconomic factors continue to influence investor behavior.
3 sourcesJun 14Low
- Economy· World
ECB raises interest rates for the first time in nearly three years amid inflation concerns linked to Iran war
The European Central Bank has raised interest rates for the first time in almost three years to address rising inflation. This decision is triggered by inflation risks that are now affecting sectors beyond energy, exacerbated by the ongoing Iran war. In the long term, this move may indicate a broader tightening of monetary policy as the ECB seeks to stabilize the Eurozone economy amidst global inflation pressures.
3 sourcesJun 14Low
- Business· World
SpaceX IPO garners over $70 billion in retail orders ahead of pricing finalization
SpaceX is set to finalize its IPO pricing, having attracted over $70 billion in orders from retail investors. This surge in demand is driven by strong investor confidence in SpaceX's growth potential and innovative technology amidst rising operational costs. The successful IPO could reshape investment trends in the tech sector, particularly for high-risk ventures focused on AI profitability.
4 sourcesJun 14High
- Business· World
Corning Implements Risk Management Strategies Amid AI Investment Surge
Corning is actively managing its investments in AI-related infrastructure while planning for future uncertainties. This strategic shift is driven by CEO Wendell Weeks' lessons from past market crashes, prompting the company to adopt risk-sharing provisions in its multibillion-dollar fiber deals with major tech firms. Long-term, Corning's proactive approach may enhance its resilience and competitive positioning in a volatile technology landscape.
3 sourcesJun 14Low
- Business· World
SpaceX IPO poised to reshape venture capital landscape
SpaceX's initial public offering is expected to yield substantial returns for early investors, including Founders Fund and Andreessen Horowitz. This moment is catalyzed by the company's valuation nearing $1.8 trillion, marking a significant event in venture capital history. The long-term implication is a potential resurgence of IPO activity in the tech sector, influencing future market trends and investor strategies.
5 sourcesJun 14Low
- Business· World
Major Tech Firms Shift Investment Strategies Towards AI Initiatives
In the last 48 hours, major tech companies, including Alphabet, have announced significant changes to their investment strategies, focusing on artificial intelligence. This shift is triggered by declining confidence in traditional revenue streams, prompting firms to seek substantial equity offerings, with Alphabet planning to raise approximately $85 billion for AI projects. The long-term implication is a potential transformation in market dynamics as AI becomes a central focus for investment, possibly leading to new paradigms in how companies approach growth and profitability.
3 sourcesJun 14Moderate
- Business· World
Retail Traders Shift Focus to SpaceX Ahead of IPO
Retail traders are increasingly reallocating their investments towards SpaceX in anticipation of its upcoming IPO. This shift is driven by a growing speculative fervor and the desire to capitalize on perceived opportunities as established tech stocks are sold off. The long-term implication is a potential increase in market volatility as speculative trading intensifies around SpaceX's performance.
4 sourcesJun 14Low
- Business· World
SpaceX, OpenAI, and Anthropic Prepare for IPOs Creating New Wealth Dynamics
SpaceX, OpenAI, and Anthropic are set to launch initial public offerings that could generate significant wealth for their employees. This surge in wealth is prompted by the imminent IPOs, which are expected to create around 20 new billionaires. The long-term implications include a potential shift in wealth distribution and increased mergers and acquisitions activity within the tech startup ecosystem.
3 sourcesJun 14Low
- Business· World
South Korea Fines Coupang $409 Million for Major Data Breach Affecting 33 Million Users
South Korea's Personal Information Protection Commission has imposed a record fine of approximately $409 million on Coupang due to a significant data breach that compromised the personal information of around 33 million users. This action follows the discovery of inadequate safety management practices that allowed unauthorized access to sensitive customer data. The long-term implication may lead to stricter data protection regulations and increased scrutiny of cybersecurity practices among large corporations in South Korea and potentially influence similar regulations in the MENA region.
7 sourcesJun 14Low
- Economy· World
Oil prices surge amid escalating U.S.-Iran tensions and Strait of Hormuz closure
Oil prices have risen sharply due to heightened tensions between the U.S. and Iran, particularly following Iran's announcement to close the Strait of Hormuz. This escalation is occurring now as the U.S.-Israeli conflict against Iran has intensified, leading to fears of significant supply disruptions. In the long term, the oil market is likely to remain volatile as stakeholders brace for fluctuating prices and potential further geopolitical developments.
4 sourcesJun 14High
- Business· World
Ryanair Faces CMA Investigation Over Child Seating Fees
Ryanair is currently under investigation by the UK's Competition and Markets Authority for its policy of charging parents a fee to sit with their children on flights. This scrutiny arises as Ryanair is the only major UK airline imposing such a charge, raising concerns about consumer rights and family travel. The outcome of this investigation could lead to regulatory changes affecting how airlines manage family seating policies in the future.
3 sourcesJun 14Low
- Business· World
SpaceX prepares for historic $1.78 trillion IPO amid market valuation concerns
SpaceX is set to launch its IPO on Friday, aiming for a valuation of $1.78 trillion. The immediate trigger for this event is the company's ambition to raise at least $75 billion from investors, despite analysts warning of potential overvaluation. The long-term implication is that the outcome of this IPO may significantly influence investor sentiment towards future tech and AI-related IPOs in a rapidly evolving market.
6 sourcesJun 14Low
- Economy· World
World Bank Lowers Global Growth Forecast Due to Iran Conflict
The World Bank has downgraded its global growth forecast for 2026 to 2.5%, the lowest since the COVID-19 pandemic, due to the ongoing war in Iran. This decline is triggered by soaring oil prices and disruptions in fertilizer supply, which are affecting economic activity across a majority of its member countries. In the long term, the economic instability may lead to further financial market declines and increased inflationary pressures worldwide.
11 sourcesJun 14Low
- Economy· World
US inflation reaches highest level since late 2022 driven by rising energy costs from Iran conflict
Wholesale inflation in the U.S. has surged to its highest level since late 2022, reaching 4.2% in May 2026. This increase is primarily triggered by escalating energy costs linked to the ongoing conflict in Iran. As energy prices remain volatile, further inflationary pressures are expected, prompting potential economic adjustments and policy responses.
3 sourcesJun 14Low
- Economy· World
European Central Bank Increases Interest Rates in Response to Inflation Driven by Iran Conflict
On June 11, 2026, the European Central Bank raised its benchmark interest rate by a quarter-point to 2.25 percent, marking its first increase since September 2023. This decision was triggered by inflation exceeding the ECB's target, primarily due to rising oil and gas prices linked to the ongoing conflict in Iran. The long-term implication suggests that the ECB may face challenges in balancing inflation control with economic growth amid geopolitical instability.
8 sourcesJun 14Low
- Business· World
SpaceX IPO Creates 4,400 New Millionaires Among Employees and Retail Investors
SpaceX's initial public offering on June 12, 2026, raised approximately $75 billion, resulting in significant financial gains for employees and retail investors. The IPO's success is attributed to a high retail allocation and the company's focus on employee equity compensation, allowing ordinary investors to participate in a historically large offering. This event is likely to influence investment trends in technology and aerospace sectors, particularly in regions like Dubai and the UAE, attracting more local and international investors.
60 sourcesJun 14Low