
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- Crypto· World
Significant Outflows from Bitcoin and Ethereum ETFs as Altcoins Gain Investor Interest
Bitcoin and Ethereum ETFs have experienced outflows totaling $249 million, while altcoins like XRP and Solana have seen notable inflows. This shift is driven by changing investor sentiment, with a growing preference for diversification beyond traditional cryptocurrencies. In the long term, this trend may lead to increased volatility and a reallocation of capital within the cryptocurrency market.
3 sourcesJun 12Moderate
- Crypto· World
Bitcoin price declines amid escalating U.S.-Iran tensions
Bitcoin's price fell sharply after President Trump announced a military response to Iran. This announcement triggered a risk-off approach among traders, leading to increased volatility in financial markets. As geopolitical tensions persist, Bitcoin and other cryptocurrencies are likely to remain sensitive to external events, impacting their market performance.
3 sourcesJun 12Low
- Crypto· UAE
DeFi lender Morpho secures $175 million funding round led by Paradigm and a16z
Morpho has announced a $175 million funding round that elevates its valuation to nearly $2 billion. This funding, led by prominent venture capital firms Paradigm and Andreessen Horowitz, reflects a surge in investor confidence in the decentralized finance sector. The long-term implication is a potential shift in the DeFi landscape, attracting more investors and possibly influencing regulatory discussions in the UAE and beyond.
7 sourcesJun 12Moderate
- Business· MENA
Tata Consultancy Services plans workforce reduction amid AI integration
Tata Consultancy Services has announced plans to reduce its workforce as it increasingly integrates artificial intelligence technologies into its operations. This shift is driven by the company's chairman's prediction that AI could replace up to 50% of jobs at TCS, reflecting a significant transformation in the outsourcing industry. The long-term implication is a potential reshaping of employment patterns in India's outsourcing sector, prompting other companies to consider similar AI adoption strategies.
3 sourcesJun 12Low
- Economy· World
U.S. existing-home sales reach highest annualized rate of 4.17 million in May
U.S. existing-home sales surged to an annualized rate of 4.17 million in May, marking the highest level of the year. This increase is occurring despite persistent challenges such as high mortgage rates and elevated home prices. The resilience of the housing market suggests potential for further sales growth if economic conditions stabilize.
3 sourcesJun 12Low
- Economy· World
European stock markets decline amid escalating Middle East tensions
European shares closed lower as investors reacted to rising geopolitical tensions in the Middle East. This shift is driven by concerns over oil supply and market stability, prompting cautious trading among investors. Long-term, continued volatility in the region may lead to sustained fluctuations in European markets and potential shifts in monetary policy by central banks.
3 sourcesJun 12Low
- Economy· World
US trade deficit narrows as oil exports surge amid Iran conflict
The U.S. trade deficit narrowed in April due to a significant increase in oil exports driven by the ongoing conflict with Iran. This surge in exports has been triggered by heightened oil demand following the closure of the Strait of Hormuz. Long-term, the geopolitical tensions may continue to influence U.S. oil exports and trade dynamics, impacting the economy and international relations.
3 sourcesJun 12Low
- Economy· World
Oil prices drop to seven-week low as Iran and Israel agree to cease hostilities
Oil prices have fallen to a seven-week low following an agreement between Iran and Israel to halt their attacks on each other. This development comes amidst concerns over a decline in Chinese oil imports, impacting global oil markets. The stabilization of geopolitical tensions may lead to a recovery in oil prices if demand improves.
3 sourcesJun 12Low
- Economy· World
Gold prices stabilize amid fragile Israel-Iran ceasefire and inflation concerns
Gold prices have remained steady at $4,332.50 per ounce as traders assess the fragile ceasefire between Israel and Iran. This stabilization is occurring as market participants closely monitor U.S. consumer inflation data, which could influence future interest rate adjustments. The long-term implication is that the gold market may continue to experience volatility as geopolitical tensions and economic indicators interplay.
3 sourcesJun 12Low
- Business· World
ASML Holding NV achieves record stock highs amid low relative valuation
ASML Holding NV's stock has surged to record highs within the last 48 hours. This surge is occurring despite the company's forward price-to-earnings ratio being at its lowest in over a decade, indicating a disconnect between stock performance and valuation. As the semiconductor industry shifts focus towards advanced packaging, ASML's ability to sustain its stock performance while addressing valuation concerns will be critical for investors moving forward.
3 sourcesJun 12Low
- Business· World
General Motors develops sodium-ion batteries and vehicle-to-grid technology for electric vehicles
General Motors has announced its plans to develop sodium-ion batteries and implement vehicle-to-grid technology for its electric vehicles. This strategic shift is driven by the need to enhance energy storage solutions and follow industry trends set by competitors like Tesla. In the long term, GM's initiatives could significantly reshape the automotive and energy sectors by integrating electric vehicles into the power grid more effectively.
4 sourcesJun 12Low
- Business· World
General Motors partners with Peak Energy to develop sodium-ion batteries for energy storage
General Motors has announced a partnership with Peak Energy to develop sodium-ion batteries aimed at enhancing its energy storage capabilities. This strategic shift is driven by the increasing electricity demands of data centers and the electrical grid, prompting GM to scale back its electric vehicle plans. In the long term, this pivot positions GM to become a significant player in the energy storage market as it adapts to evolving market needs.
3 sourcesJun 12Low
- Business· World
Standard Bots secures $200 million funding to enhance US robotics manufacturing
Standard Bots, a New York-based robotics startup, has raised $200 million in funding, achieving a valuation of $1 billion. This funding is aimed at expanding its manufacturing capabilities in the US to compete with China in advanced robotics production. The long-term implication is a potential shift towards increased domestic production of robotics, which may reshape the US manufacturing landscape and create new jobs in the sector.
5 sourcesJun 12Low
- Business· World
Sigma Healthcare enters talks to acquire U.K. drugstore chain Boots valued at $10 billion
Sigma Healthcare has confirmed it is in preliminary discussions to acquire the U.K. drugstore chain Boots. The talks have emerged following reports of Boots' owner considering a sale, leading to a decline in Sigma's stock price. If successful, this acquisition could significantly enhance Sigma's market position and expansion strategy in the retail pharmacy sector.
3 sourcesJun 12Low
- Business· World
Apotex Health Corp. completes largest IPO in Canada since 2021
Apotex Health Corp. successfully launched its initial public offering (IPO) in Toronto, raising C$1.3 billion. The IPO was priced at C$24 and opened 17% higher than the offering price, indicating strong investor interest at this moment. This successful launch may encourage other companies to consider going public, signaling a potential resurgence in the Canadian IPO market.
4 sourcesJun 12Low
- Business· World
Parabilis Medicines Inc. achieves 58% stock surge on IPO debut
Parabilis Medicines Inc. shares surged 58% on their first day of trading following a successful IPO that raised approximately $745 million. The IPO was priced above the expected range, reflecting strong investor interest in the biotech sector at this moment. This successful debut may encourage more biotech firms to pursue public offerings in the future.
3 sourcesJun 12Low
- Economy· World
US inflation surpasses 4% prompting Federal Reserve interest rate scrutiny
Inflation in the US has risen above 4% for the first time since 2023, creating uncertainty around future Federal Reserve interest rate decisions. This shift is occurring as new Fed Chair Kevin Warsh prepares for his first policymaking meeting amidst mixed market signals and pressure from the White House for lower rates. The long-term implication is that the Fed's approach to interest rates will be critical for economic stability and market confidence in the coming months.
5 sourcesJun 12Low
- Economy· World
Equities Decline as Oil Prices Surge Amid US-Iran Tensions
Equities have fallen sharply while oil prices have surged due to escalating tensions between the US and Iran. This geopolitical situation is currently impacting investor sentiment and market performance, particularly in the technology sector. In the long term, continued volatility in these markets may prompt investors to adjust their strategies in response to ongoing geopolitical and inflationary pressures.
3 sourcesJun 12Low
- Economy· World
US stocks rebound as SpaceX IPO garners over $70 billion in retail orders
US stocks have rebounded after hitting a five-week low, driven by traders buying the dip ahead of the highly anticipated SpaceX IPO. The immediate trigger for this market movement is the overwhelming retail interest in SpaceX's IPO, which has attracted over $70 billion in orders. In the long term, the pricing of SpaceX's IPO is expected to significantly influence market dynamics and investor sentiment in the tech sector.
3 sourcesJun 12High
- Business· World
Super Micro Computer announces $7 billion equity raise to fulfill $39 billion in AI server orders
Super Micro Computer has revealed plans to raise $7 billion through equity offerings to meet a staggering $39 billion in orders for AI servers. This decision comes amid intense demand for AI technology and investor concerns about stock dilution, leading to a significant drop in the company's stock price. The successful execution of this funding strategy will be crucial for Super Micro's competitive position in the rapidly evolving AI market.
5 sourcesJun 12Low