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
8518 stories- Business· World
Norway's Wealth Fund Opposes John Elkann's Reappointment to Meta Board
Norway's $2.3 trillion wealth fund has publicly withheld its vote on John Elkann's reappointment to Meta's board. This decision stems from concerns about Elkann's ability to fulfill board responsibilities due to his commitments as chairman of Stellantis NV and CEO of Exor NV. The incident highlights a growing trend of institutional investors demanding greater accountability and time commitment from corporate board members, potentially reshaping governance practices in the industry.
3 sourcesMay 24Low
- Crypto· World
XRP Faces Selling Pressure Below $1.40 Amid Diverging Whale Activity
XRP's price is struggling to maintain levels above $1.40, reflecting significant selling pressure and market indecision. This situation is triggered by increased whale withdrawals on Binance and a cooling of institutional accumulation, indicating a cautious sentiment among large investors. Long-term, the market may remain range-bound until a clear catalyst emerges to drive renewed buying interest.
3 sourcesMay 24Low
- Crypto· UAE
Kraken secures regulatory approval to expand cryptocurrency services in the UAE
Kraken has received preliminary regulatory approval from Dubai's VARA to launch its cryptocurrency trading and staking services in the UAE. This approval is part of Dubai's strategy to enhance its status as a global crypto hub and reflects a broader trend of exchanges seeking regulatory clarity. The long-term implication is that Kraken's entry may intensify competition among crypto exchanges in the region, potentially attracting more users and investments.
4 sourcesMay 24Low
- Crypto· World
Coinbase bitcoin premium index hits monthly low amid institutional selling pressure
The Coinbase bitcoin premium index has dropped to its lowest level in a month, indicating reduced institutional demand for Bitcoin. This decline is attributed to increased selling pressure from institutional investors as market uncertainty grows. As institutions continue to offload Bitcoin, the cryptocurrency's price may face downward pressure unless demand resurges or positive market developments occur.
3 sourcesMay 24Low
- Crypto· World
Binance and Bitget Launch Pre-IPO Trading Products for SpaceX
Binance and Bitget have introduced pre-IPO trading products linked to SpaceX, enabling speculation on the company's valuation ahead of its public offering. This initiative is driven by the growing excitement surrounding SpaceX's anticipated IPO and aims to democratize access to pre-IPO markets within the cryptocurrency sector. The long-term implication could be a significant transformation in how investors engage with pre-IPO opportunities in the crypto market.
4 sourcesMay 24Low
- Business· World
Nvidia Achieves Record $58.3 Billion Profit Driven by AI Chip Demand
Nvidia reported a quarterly profit of $58.3 billion, a 211 percent increase from the previous year, fueled by unprecedented demand for its AI chips. This surge in profitability comes as the company capitalizes on the growing investment in AI technologies, particularly in data centers. Looking ahead, Nvidia's performance is likely to reinforce its leadership in the semiconductor industry and attract further investments in AI infrastructure globally.
11 sourcesMay 24High
- Crypto· World
Blockchain.com Files for Confidential IPO in the U.S.
Blockchain.com has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission. This strategic move comes as the cryptocurrency market continues to evolve, with firms seeking to adapt to regulatory changes and secure capital. The long-term implication may see increased investment and interest in cryptocurrency firms as they establish a foothold in public markets amidst ongoing regulatory scrutiny.
10 sourcesMay 24Low
- Business· World
Deep Fission Inc. files for $157 million IPO on NASDAQ
Deep Fission Inc. has filed for a $157 million initial public offering after a previous unsuccessful attempt. This renewed effort is driven by increasing investor interest in innovative nuclear technologies, particularly as electricity demand surges due to artificial intelligence data centers. If successful, this IPO could signal a broader acceptance and investment in nuclear energy solutions, reshaping the energy landscape.
3 sourcesMay 24Low
- Business· World
Oura Inc. submits confidential IPO filing amid significant revenue growth
Oura Inc. has confidentially filed for an initial public offering with the SEC, marking a pivotal moment for the company as it aims to capitalize on its rapid growth. This filing comes in the context of a broader trend of tech companies pursuing public offerings in 2026, driven by Oura's impressive four-fold revenue increase over the past two years. The IPO is expected to enhance Oura's competitive position in the wearable health technology market, potentially influencing investment trends in health-tech sectors globally.
8 sourcesMay 24Low
- Crypto· World
Trump signs executive order to integrate cryptocurrency into U.S. banking system
President Donald Trump signed an executive order on May 19, 2026, directing federal regulators to review banking rules for cryptocurrency and fintech integration. This initiative is occurring now as a response to the growing pressure on banks to adopt digital assets and innovate in the payment space. The long-term implication is a potential transformation of the financial sector, leading to increased competition and broader acceptance of digital currencies among traditional financial institutions.
3 sourcesMay 24Low
- Business· World
IMAX explores potential sale following strong financial performance
IMAX is currently in discussions for a potential sale of the company. This development follows the company's recent financial results that exceeded Wall Street expectations, prompting interest from potential buyers. The outcome of these negotiations could significantly reshape IMAX's strategic direction in the competitive entertainment landscape.
4 sourcesMay 24Low
- Business· World
Goldman Sachs settles $500 million lawsuit over 1MDB scandal
Goldman Sachs has agreed to pay $500 million to settle a class action lawsuit related to the 1MDB scandal. This settlement comes as the financial institution seeks to alleviate legal pressures and restore investor confidence amidst ongoing scrutiny. In the long term, Goldman Sachs may focus on enhancing its compliance and governance frameworks to prevent future issues and adapt to evolving regulatory landscapes in the financial sector.
3 sourcesMay 24Low
- Economy· World
Japan's core inflation reaches four-year low amid geopolitical risks
Japan's core inflation rate has fallen to a four-year low as of April 2026. This decline is primarily driven by government subsidies on gasoline and education, which have alleviated inflationary pressures. The Bank of Japan's future monetary policy will likely hinge on balancing domestic inflation trends with ongoing geopolitical uncertainties, particularly in the Middle East.
3 sourcesMay 24Low
- Business· World
Ross Stores Inc. Raises Sales and Profit Forecasts Following Strong Q1 Earnings
Ross Stores Inc. has reported strong first-quarter earnings, prompting a significant increase in its sales and profit guidance. This positive shift is attributed to record same-store growth and increased customer traffic, particularly among younger shoppers. The long-term implication suggests that Ross Stores is well-positioned for continued growth in the competitive retail landscape.
3 sourcesMay 24Low
- Economy· World
US mortgage rates reach highest level since August 2025 at 6.51%
The average 30-year fixed mortgage rate in the U.S. has surged to 6.51%, marking a significant increase that poses challenges for homebuyers. This rise is driven by inflationary pressures and economic conditions coinciding with the critical spring selling season. As affordability decreases, the housing market may face a slowdown in sales as buyers reassess their purchasing power and options.
5 sourcesMay 24Low
- Economy· World
US dollar stabilizes as optimism grows for US-Iran peace talks
The US dollar has stabilized near a six-week high amid rising optimism regarding potential peace talks between the US and Iran. This sentiment has influenced risk assets positively, leading to a nearly unchanged dollar value as traders assess the implications of these developments. Continued developments in US-Iran relations could significantly impact market dynamics and the dollar's strength.
3 sourcesMay 24Low
- Economy· World
Oil prices rise amid slow progress in US-Iran peace negotiations
Oil prices have settled higher due to slow progress in US-Iran peace negotiations. Investors are closely monitoring the situation as ongoing uncertainty impacts market sentiment. The outcome of these talks is likely to significantly influence future oil market stability and volatility.
3 sourcesMay 24Low
- Economy· World
Gold prices decline amid Federal Reserve rate hike expectations linked to Iran conflict
Gold prices are declining as traders anticipate a potential rate hike by the Federal Reserve. This shift is triggered by comments from Fed Governor Christopher Waller regarding inflation risks associated with the ongoing Iran conflict. Long-term, the outcome of US-Iran negotiations and Fed policy decisions will likely continue to influence gold prices significantly.
4 sourcesMay 24Low
- Business· World
JPMorgan Chase shifts hiring focus from traditional bankers to AI specialists
JPMorgan Chase has announced a strategic shift in its hiring practices, opting to reduce traditional banking roles while increasing positions for AI specialists. This change is driven by CEO Jamie Dimon's assertion that artificial intelligence will significantly impact the banking sector, enhancing operational efficiencies. The long-term implication is a transformation in the workforce landscape of the financial services industry as banks adapt to technological advancements.
3 sourcesMay 24Low
- Economy· World
Walmart warns of potential price increases due to rising fuel costs
Walmart has announced it may pass on rising fuel costs to consumers after absorbing $175 million in expenses last quarter. The immediate trigger for this warning is the ongoing increase in oil prices, exacerbated by the conflict in Iran. In the long term, consumers may face higher prices for everyday goods, impacting overall inflation and spending patterns.
3 sourcesMay 24Low