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- Business· World
JPMorgan Chase upgrades Tesla stock rating to neutral with a price target of $475
JPMorgan Chase has upgraded Tesla's stock rating to neutral and raised its price target to $475. This change follows a positive interaction between Jamie Dimon and Elon Musk, indicating a potential shift in sentiment towards the electric vehicle manufacturer. The long-term implication may lead to increased investor interest in Tesla, impacting its stock performance and market perception in the coming months.
3 sourcesJun 8Moderate
- Business· World
Broadcom shifts strategic focus from acquisitions to AI revenue growth
Broadcom CEO Hock Tan has announced a strategic pivot away from mergers and acquisitions towards prioritizing AI revenue growth. This shift is prompted by the rising demand for AI solutions and its impact on enterprise software and semiconductor markets. Long-term, this decision suggests Broadcom will innovate its product offerings to align with the evolving technological landscape.
3 sourcesJun 8Low
- Economy· World
OPEC+ Announces Symbolic Increase in Oil Production Amid Middle East Tensions
OPEC+ has agreed to increase oil production quotas by 188,000 barrels per day for July. This decision comes as the Strait of Hormuz remains blocked due to ongoing regional conflicts, limiting actual export capabilities. The long-term implication is that OPEC+ may struggle to balance production increases with geopolitical realities, potentially leading to further market volatility.
4 sourcesJun 8Low
- Business· World
Raspberry Pi shares rise 27% following strong earnings forecast
Raspberry Pi's stock surged by over 27% after the company announced an optimistic earnings outlook for the first half of 2026. This significant increase is driven by robust demand and expectations to exceed market earnings estimates. The long-term implication suggests that Raspberry Pi is well-positioned for continued growth in the competitive tech market.
5 sourcesJun 8Low
- Economy· World
UK house prices decline for third consecutive month amid rising mortgage rates linked to Iran conflict
UK house prices have fallen by 0.1% in May 2026, marking the third consecutive monthly decline. This downturn is driven by rising mortgage rates, which have been influenced by the ongoing war in Iran, affecting affordability and homebuyer demand. The long-term implication suggests that the UK housing market may continue to face challenges, particularly in terms of affordability and buyer confidence as geopolitical tensions persist.
3 sourcesJun 8Low
- Business· World
Bally’s Intralot Completes £243 Million Acquisition of Evoke
Bally’s Intralot has finalized a £243 million takeover of Evoke, the owner of William Hill and 888. The acquisition is driven by strong investor confidence, evidenced by significant funding from private lenders amounting to €1 billion. This move is expected to enhance Bally’s Intralot's competitive position in the global gambling market as it integrates Evoke's assets.
4 sourcesJun 8Low
- Economy· World
UK businesses expect 4% price increase amid slowing wage growth
UK businesses anticipate a 4% rise in prices over the next year, as reported by a recent Bank of England survey. This expectation is driven by ongoing inflationary pressures that have intensified in recent months. The implications may lead the Bank of England to adjust its monetary policy to address these inflationary trends and their impact on economic growth.
3 sourcesJun 8Low
- Economy· World
U.S. stock markets decline sharply amid fears of interest rate hikes following strong jobs report
U.S. stock markets fell sharply as fears of prolonged interest rate hikes intensified after a robust jobs report. The selloff was triggered by concerns that the Federal Reserve may raise rates to combat inflation, impacting technology stocks heavily invested in AI. This downturn suggests a potential reevaluation of growth prospects for AI-related companies and increased market volatility in the near future.
3 sourcesJun 8Low
- Economy· World
U.S. Jobs Report Indicates Strong Labor Market and Heightened Rate Hike Expectations
The U.S. Bureau of Labor Statistics reported a significant increase of 172,000 non-farm payrolls in May 2026, exceeding market expectations. This surge in job growth, coupled with persistent core inflation at 3.3%, has led to increased speculation about potential interest rate hikes by the Federal Reserve. In the long term, these developments may influence global market dynamics and investor sentiment, particularly in regions like the UAE.
7 sourcesJun 8Low
- Economy· World
U.S. economy adds 172,000 jobs in May amid political implications
The U.S. economy added 172,000 jobs in May, exceeding economists' expectations and keeping the unemployment rate steady at 4.3%. This positive jobs report comes as President Trump seeks to bolster his political position ahead of the midterm elections. The strong job growth may influence Federal Reserve decisions on interest rates and shape economic policy discussions leading into the elections.
4 sourcesJun 8Moderate
- Business· UAE
Emirates Airlines recycles 88 tonnes of plastic waste into new inflight products
Emirates Airlines has successfully recycled 88,000 kg of plastic waste from inflight meal service items into new products as part of its sustainability initiative. This program, launched in June 2023, is driven by the airline's commitment to reducing environmental impact ahead of World Environment Day. The long-term implication is that Emirates' efforts may set a precedent for other airlines to adopt similar sustainable practices in the aviation industry.
3 sourcesJun 7Low
- Business· UAE
Emirates Airlines promotes first Emirati female captains in aviation history
Emirates Airlines has promoted Hanan Mohammed Jawad and Bakhita Al Mheiri as the first Emirati female captains, marking a significant achievement in the aviation industry. This milestone is a result of the airline's ongoing commitment to gender equality and the development of local talent through its National Cadet Pilot Programme. The long-term implication is likely to be an increased focus on gender diversity and the empowerment of women in aviation within the UAE.
5 sourcesJun 7Low
- Business· UAE
Dubai RTA launches air-conditioned rest rooms for delivery drivers
Dubai's Roads and Transport Authority has confirmed the operational readiness of 40 air-conditioned rest rooms for delivery bike drivers. This initiative is being implemented to enhance the comfort and safety of delivery drivers during the extreme summer heat. Long-term, this could lead to similar facilities being established in other regions, promoting better working conditions for delivery personnel across the emirate and beyond.
4 sourcesJun 7Low
- Business· World
Revolut CTO Vlad Yatsenko to Resign Ahead of Major IPO
Vlad Yatsenko, co-founder and CTO of Revolut, has announced his resignation effective July 2026. This leadership change comes as Revolut prepares for a significant IPO, anticipated to value the company at $200 billion. The transition in leadership may influence Revolut's strategic direction as it navigates the competitive fintech landscape.
3 sourcesJun 7Low
- Crypto· World
Standard Chartered Warns of Potential Bitcoin Declines Amid ETF Outflows
Bitcoin has dropped over 15% this week, trading near $62,562, prompting Standard Chartered to issue a warning about potential further declines. The immediate triggers include significant ETF outflows, Federal Reserve policy uncertainties, and shifts in Bitcoin dominance. Long-term, the bank maintains a bullish year-end price target of $100,000, suggesting a belief in a market recovery despite current volatility.
4 sourcesJun 7Low
- Crypto· World
CFTC Rescinds No-Deny Policy for Cryptocurrency Settlements
The Commodity Futures Trading Commission has officially rescinded its no-deny settlement rule, allowing defendants to contest agency claims more effectively. This policy change follows a similar move by the SEC and is expected to streamline regulatory processes in the cryptocurrency sector. The long-term implication is a potentially more contentious regulatory environment with increased opportunities for dispute resolution and settlement negotiations in cryptocurrency enforcement.
3 sourcesJun 7Low
- Crypto· World
FG Nexus sells 36,025 ETH amid over $100 million losses
FG Nexus has sold a total of 36,025 ETH, incurring losses exceeding $100 million. The company's decision to offload these assets is driven by the significant decline in Ethereum's value, which is currently over 50% below their average purchase price. This situation highlights the ongoing volatility in cryptocurrency markets, prompting other companies to reconsider their treasury strategies regarding digital assets.
3 sourcesJun 7Low
- Crypto· World
Coinbase freezes over $3 million in cryptocurrency linked to Southeast Asian scams
Coinbase has frozen more than $3 million in cryptocurrency associated with scam networks operating in Southeast Asia. This action is part of a coordinated crackdown involving the U.S. Department of Justice and major tech companies during Disruption Week. The long-term implication is an expected increase in collaboration between authorities and tech firms, potentially leading to stricter regulations in the cryptocurrency space.
4 sourcesJun 7Low
- Crypto· World
BitMine Immersion Technologies launches $300 million preferred stock offering to enhance Ethereum holdings
BitMine Immersion Technologies has filed for a $300 million preferred stock offering aimed at increasing its Ethereum acquisitions. This strategic move is prompted by a growing institutional interest in Ethereum and the need for crypto firms to secure capital through innovative funding methods. If successful, this could position BitMine favorably in the volatile crypto market, contingent on Ethereum's price recovery and the sustainability of its dividend strategy.
5 sourcesJun 7Low
- Crypto· World
Arthur Hayes exits HYPE holdings as institutional interest remains strong
Arthur Hayes sold his HYPE and NEAR holdings, signaling a notable shift in the cryptocurrency market. This event coincides with significant institutional withdrawals of HYPE, indicating a strong demand for the asset despite market volatility. The long-term implication suggests that HYPE may continue to attract institutional investment, potentially leading to price appreciation as confidence in the asset grows.
3 sourcesJun 7Low