
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- Crypto· World
Tether acquires SoftBank's stake in Twenty One Capital to enhance Bitcoin market influence
Tether has acquired SoftBank's entire 26% stake in Twenty One Capital, a key player in the Bitcoin treasury market. This acquisition is driven by Tether's strategy to consolidate its control and expand its operations in lending, mining, and capital markets. The long-term implication is a potential reshaping of Bitcoin's integration into mainstream finance and investment strategies.
6 sourcesMay 23Low
- Business· UAE
UAE pipeline project bypassing Strait of Hormuz reaches 50% completion
The UAE has reported that its pipeline project designed to bypass the Strait of Hormuz is now nearly 50% complete. This development comes as construction has been accelerated due to the ongoing closure of the key waterway amid the conflict in Iran. Completion of the pipeline could enhance the UAE's energy security and reduce reliance on the Strait of Hormuz.
4 sourcesMay 23Low
- Business· World
Executives Discuss Innovative Financing in AI Mergers and Acquisitions
Tammy Kiely and Wally Cheng highlighted the evolving landscape of mergers and acquisitions in the artificial intelligence sector during a recent Bloomberg interview. The immediate focus on creative financing solutions is driven by increased interest from private companies seeking acquisitions in the AI market. Long-term, the ability to adapt financing strategies will be crucial for investment bankers navigating this rapidly changing industry.
3 sourcesMay 23Low
- Economy· World
U.S. crude oil stockpiles decline by 7.9 million barrels amid rising exports
U.S. crude oil inventories have dropped by 7.9 million barrels, marking the fourth consecutive weekly decline. This significant reduction is driven by soaring exports that are outpacing domestic supply, leading to a record decrease in stockpiles. The ongoing trend may result in tighter oil markets and potential price increases in the near future.
3 sourcesMay 23Low
- Business· World
NextEra Energy announces historic $67 billion acquisition of Dominion Energy
NextEra Energy has agreed to acquire Dominion Energy for $67 billion in an all-stock deal, marking the largest acquisition in the power sector's history. The immediate market reaction has been negative, with NextEra's stock price dropping significantly following the announcement, reflecting investor concerns about the deal's valuation. In the long term, the success of this acquisition will depend on how effectively NextEra integrates Dominion and addresses market skepticism, which could reshape the energy landscape across multiple states.
3 sourcesMay 23High
- Business· World
Intuit announces 17% workforce layoffs to pivot towards AI initiatives
Intuit has revealed plans to lay off 17% of its workforce as part of a strategic shift towards artificial intelligence. This decision is driven by the company's need to streamline operations and adapt to the evolving tech landscape. In the long term, this move may reshape Intuit's product offerings and operational strategies amidst ongoing economic challenges.
3 sourcesMay 23Low
- Economy· World
Global markets react to falling bond yields and oil prices amid Iran deal hopes
Global markets have experienced fluctuations as bond yields and oil prices have fallen, impacting stock valuations. This shift is occurring now due to rising inflation concerns and ongoing negotiations regarding a potential deal with Iran. In the long term, the focus will likely remain on key earnings reports, particularly from Nvidia, which could signal a recovery in the tech sector and influence market dynamics further.
3 sourcesMay 23Low - Economy· World
U.S.-Iran negotiations boost Asian equities and U.S. Treasuries
U.S. and Asian markets have surged following positive developments in U.S.-Iran negotiations. The immediate trigger is President Trump's indication of progress in talks, with Qatar reportedly facilitating a peace deal. Long-term implications may include a stabilization of global energy prices and a shift in investor sentiment towards riskier assets.
3 sourcesMay 23Low
- Economy· World
Oil prices decline as U.S.-Iran negotiations progress
Oil prices fell sharply by approximately 3% following President Trump's announcement that negotiations with Iran are in the final stages. This development has sparked optimism in the market regarding a potential resolution to the U.S.-Iran conflict. If an agreement is reached, it could lead to significant fluctuations in global oil prices and impact geopolitical stability in the region.
3 sourcesMay 23Low
- Economy· World
EU and US Reach Provisional Trade Agreement to Eliminate Tariffs
The European Union has agreed to implement a trade deal with the United States that will remove import tariffs on most US goods. This decision follows intense negotiations and pressure from US President Donald Trump, who threatened to raise tariffs on EU automobiles if the deal was not ratified by July 4. The long-term implication is a potential improvement in economic relations between the EU and the US, fostering stability in transatlantic trade dynamics.
6 sourcesMay 23High
- Business· World
Jonathan Andic Arrested in Homicide Investigation Following Father's Death
Jonathan Andic has been detained as a suspect in the homicide investigation regarding his father's fatal fall in the Montserrat mountains. The reopening of the case was triggered by inconsistencies in Jonathan's statements and forensic evidence contradicting his account of the incident. This investigation could have significant implications for the reputation of the Mango brand and its leadership in the fashion industry.
7 sourcesMay 23Moderate
- Business· World
Stellantis and Dongfeng Launch Joint Venture for Electric Vehicles in Europe
Stellantis and Dongfeng have announced a joint venture to manufacture and sell electric vehicles in Europe. This partnership is driven by the EU's new regulations mandating that 70% of EV components must be sourced locally. The collaboration positions both companies to enhance their competitiveness in the growing European EV market and potentially increase their market share.
3 sourcesMay 23Low
- Business· World
Radio Caroline mistakenly announces death of King Charles III due to technical error
On May 20, 2026, Radio Caroline mistakenly announced the death of King Charles III due to a computer error. This incident was triggered by a technical malfunction within the radio station's systems. In the long term, this highlights the urgent need for media outlets to implement stronger safeguards against misinformation to maintain public trust.
3 sourcesMay 23High
- Economy· World
Federal Reserve Signals Potential Interest Rate Hikes Amid Inflation Concerns
Federal Reserve officials have indicated a potential shift towards raising interest rates due to rising inflation concerns exacerbated by the ongoing Iran war. This change comes as a majority of officials now view rate hikes as a serious consideration during their recent meeting. The long-term implication is that future Federal Reserve meetings will be critical in shaping monetary policy and addressing inflation that exceeds their 2% target.
5 sourcesMay 23Low
- Business· World
James Murdoch's Lupa Systems Acquires Half of Vox Media for $300 Million
James Murdoch's investment firm, Lupa Systems, has announced the acquisition of approximately half of Vox Media, including key assets like New York Magazine and Vox.com, for over $300 million. This strategic move is driven by Murdoch's ongoing efforts to expand his media portfolio and capitalize on the growing digital and podcasting landscape. The long-term implication suggests a potential shift in media investments, particularly in the digital space, which may attract regional investors looking to consolidate similar assets.
12 sourcesMay 23Low
- 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 soaring demand for its AI chips. This surge is occurring now due to the rapid adoption of AI technologies across various sectors, particularly in data centers. The long-term implication is that Nvidia's performance may set a precedent for increased investments in AI infrastructure and related technologies globally.
8 sourcesMay 23High
- Business· World
SpaceX Discloses Financials as IPO Preparations Intensify
SpaceX has revealed its financial details ahead of its initial public offering, reporting $18.7 billion in revenue for 2025 but a net loss of $4.9 billion. This disclosure comes as the company seeks to raise capital for ambitious projects, including lunar and Martian colonization, after years of speculation about going public. The IPO is expected to target a valuation of around $1.75 trillion, potentially reshaping the aerospace investment landscape.
71 sourcesMay 23High
- Crypto· World
THORChain suffers $10.7 million exploit linked to GG20 vulnerability
THORChain experienced a significant exploit resulting in a loss of $10.7 million due to a vulnerability in its GG20 signing framework. The immediate trigger for this event was the exploitation of the GG20 system by a malicious node, prompting THORChain to propose a recovery plan that avoids minting new RUNE tokens. In the long term, the platform's approach to recovery may influence future security practices in decentralized finance, particularly regarding investor trust and vulnerability management.
3 sourcesMay 22Moderate
- Economy· World
US consumer sentiment hits record low amid rising inflation and gas prices
U.S. consumer sentiment has fallen to a historic low of 44.8 as of May 2026. This decline is driven by escalating gasoline prices and ongoing inflation concerns that are straining household budgets. The long-term implication suggests that economic recovery may be significantly hindered as consumer confidence continues to erode.
3 sourcesMay 22Moderate
- Economy· World
Federal Reserve signals potential interest rate hike amid persistent inflation risks
The Federal Reserve has indicated a shift in monetary policy, with traders now fully pricing in an interest rate hike by the end of 2026. This change follows comments from Fed Governor Christopher Waller, who emphasized the need to abandon signals of potential rate cuts due to ongoing inflation concerns. The long-term implication is that sustained high interest rates may impact consumer borrowing costs and economic growth moving forward.
3 sourcesMay 22Moderate