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
5886 stories- Business· World
Accenture's stock experiences historic drop amid AI disruption fears
Accenture's shares fell by 20% following a lowered revenue outlook, marking the company's worst trading day ever. This decline is triggered by investor concerns over the potential disruption of the consulting industry by artificial intelligence. In the long term, consulting firms will need to innovate and redefine their value propositions to remain competitive and reassure investors.
3 sourcesJun 21
- Business· World
Accenture acquires cybersecurity firms Dragos, RunZero, and NetRise for $4.18 billion
Accenture has announced the acquisition of a majority stake in Dragos and full acquisitions of RunZero and NetRise for a total of $4.18 billion. This strategic move is triggered by the company's need to enhance its operational technology security capabilities amidst a recent stock price drop following a guidance cut. In the long term, this acquisition may position Accenture as a leader in the cybersecurity market, impacting its financial performance and market dynamics.
3 sourcesJun 21
- Economy· World
U.S. and Iran sign peace agreement leading to stock market rally and oil price drop
U.S. stocks surged as oil prices fell to pre-war levels following a peace agreement between the U.S. and Iran. The immediate trigger was the signing of an interim pact to end four months of conflict, which has reopened the Strait of Hormuz for oil supply. This development is likely to stabilize energy markets and influence economic conditions in the U.S. moving forward.
3 sourcesJun 21
- Business· World
SpaceX's IPO leads to $600 billion market value loss after initial surge
SpaceX shares have sharply declined following an initial 37% increase post-IPO, resulting in a $600 billion loss in market value. This volatility is attributed to investor concerns triggered by a deal involving Cursor, which has shaken market confidence. Moving forward, SpaceX must focus on restoring investor trust and stabilizing its stock to ensure long-term growth and market positioning.
3 sourcesJun 21
- Business· World
Penske Media Corporation acquires Vox Media assets to become largest digital publisher
Penske Media Corporation has acquired the remaining assets of Vox Media, consolidating a significant number of digital media brands under one corporate umbrella. This acquisition follows Vox Media's previous asset sales and is led by Jay Penske, reflecting ongoing trends of consolidation in the media industry. The long-term implication is that Penske Media may explore new content strategies and revenue streams, potentially reshaping the digital media landscape.
3 sourcesJun 21
- Economy· World
U.S. stock indexes rise amid semiconductor sector gains and U.S.-Iran peace optimism
U.S. stock indexes have advanced significantly due to strong performance in the semiconductor sector and growing optimism regarding a potential peace agreement between the U.S. and Iran. This positive sentiment is currently influencing investor confidence and could lead to a reduction in inflation rates if diplomatic progress continues. In the long term, sustained growth in the semiconductor industry and improved U.S.-Iran relations may stabilize economic conditions and impact Federal Reserve monetary policy decisions.
3 sourcesJun 21
- Business· World
BHP Group announces $2.3 billion write-down due to Jansen potash mine cost overruns
BHP Group has flagged a significant $2.3 billion write-down as it revises the cost estimates for its Jansen potash mine in Canada. This financial setback is triggered by ongoing cost overruns that have raised the total expected expenditure for the project to $6.9 billion. The long-term implication may involve BHP reassessing its investment strategies and cost management practices in the potash market to ensure future profitability.
4 sourcesJun 21
- Economy· World
Bank of Japan Deputy Governor Warns Against Delaying Interest Rate Hikes
The Bank of Japan's Deputy Governor Ryozo Himino has raised concerns about the risks associated with postponing interest rate hikes as Japan's core CPI inflation remains at 1.4%. This warning comes amid ongoing pressure on the BOJ to adjust its monetary policy in response to steady inflation data. The long-term implication is that the BOJ may need to act decisively to stabilize the economy and address inflation concerns effectively.
3 sourcesJun 21
- Business· MENA
Accenture's shares drop over 17% amid disappointing earnings forecast linked to Iran war impact
Accenture's stock fell sharply by more than 17% following a bleak earnings forecast that highlighted a $400 million revenue hit from the ongoing Iran war. The immediate trigger for this decline was investor concern over future revenue and market conditions despite the company's announcement of a $4.18 billion investment in cybersecurity acquisitions. Long-term, Accenture's ability to recover will depend on the successful integration of its cybersecurity strategy and navigating geopolitical challenges in the Middle East.
4 sourcesJun 21
- Economy· World
U.S. dollar reaches one-year high amid rising interest rate expectations
The U.S. dollar has experienced a significant rise, reaching its highest level in a year. This surge is driven by increased trader optimism regarding imminent interest rate hikes by the Federal Reserve. If the Fed follows through on these expectations, the dollar's strength may persist, influencing global markets and economic policies.
3 sourcesJun 21
- Economy· World
Gold prices decline for third consecutive week amid strong dollar and Fed signals
Gold is experiencing its third consecutive weekly loss due to a firm U.S. dollar and a hawkish outlook from the Federal Reserve. This decline is triggered by investor concerns over the Fed's monetary policy and delays in Middle East peace negotiations. The long-term implication suggests that gold prices will remain under pressure as market participants await further economic indicators and geopolitical developments.
3 sourcesJun 21
- Economy· World
Oil prices decline to three-month lows amid U.S.-Iran peace deal uncertainty
Oil prices have fallen to their lowest levels in three months following the signing of a U.S.-Iran deal aimed at reducing hostilities in the Middle East. The immediate volatility is driven by traders' concerns over the stability of the agreement and its potential impact on energy production and shipping routes. Long-term, the oil market is likely to remain sensitive to developments in the U.S.-Iran agreement, which could significantly influence global energy prices.
6 sourcesJun 21
- Business· World
SpaceX's IPO sees initial surge followed by significant stock decline
SpaceX's stock fell over 6% after an initial surge following its record IPO. The decline is attributed to a shift in market sentiment as investors reassess the company's valuation and future prospects. Analysts will closely monitor the stock's performance in the coming weeks to gauge potential recovery and sustainability of demand.
3 sourcesJun 21
- Business· World
SpaceX stock experiences volatility post-IPO amid analyst ratings
SpaceX's stock price has dropped from a high of $225.64 to $185.00 following its recent IPO. This decline was triggered by mixed analyst signals, with a new buy rating issued after the drop. The long-term implication suggests that investor sentiment and analyst ratings will significantly influence SpaceX's stock trajectory and the broader tech IPO market's health.
3 sourcesJun 21
- Economy· World
Iran Reconnects with Global Oil Market Following U.S. Sanctions Easing
Iran has reached an interim deal with the U.S. that allows it to sell oil on the open market for the first time since 2018. This shift is occurring now as part of ongoing negotiations aimed at lifting broader sanctions tied to Iran's nuclear program. If successful, this could lead to a significant economic recovery for Iran, impacting global oil markets and international relations.
3 sourcesJun 21
- Business· World
Tesco reports slowing UK sales growth amid Middle East conflict
Tesco's comparable sales growth in the UK has dropped to 1.8%, significantly lower than the previous quarter's 4.2%. This decline is primarily driven by consumer uncertainty stemming from the ongoing conflict in the Middle East. In response, Tesco is likely to focus on enhancing its online sales strategy to stabilize and potentially grow its market position amidst these challenges.
3 sourcesJun 21
- Economy· World
ECB Chief Economist Signals Persistent Eurozone Inflation Above Target
The European Central Bank's Chief Economist Philip Lane has indicated that inflation in the Eurozone is expected to remain above the 2% target. This assertion comes as energy prices have recently declined, prompting discussions on the necessity of the ECB's interest rate hikes. In the long term, the ECB may continue to adjust interest rates to combat sustained inflation pressures in the Eurozone economy.
3 sourcesJun 21
- Economy· World
AI Companies in Asia Drive Retail Investing Boom
AI-related companies in South Korea, Taiwan, and Japan are fueling a significant surge in retail investing across Asia. This trend is triggered by substantial stock gains and increased bonuses in the tech sector, attracting a diverse range of investors. The long-term implication is that the ongoing success of AI technology will likely continue to reshape market dynamics and investment behaviors in the region.
3 sourcesJun 21
- Economy· World
U.S. gas prices drop below $4 a gallon for the first time since March
The average cost of a gallon of gas in the U.S. has decreased to $3.99. This drop follows a peak of over $4.50 in May 2026, driven by fluctuations in the energy market. The long-term implication suggests ongoing volatility in fuel costs, impacting consumer behavior and inflation trends in the coming months.
3 sourcesJun 21
- Crypto· World
Theodore Gillibrand secures $30 million for cryptocurrency derivatives exchange APEC
Theodore Gillibrand has raised $30 million to launch APEC, a derivatives exchange focused on cryptocurrency trading. This funding round, led by Lux Capital, reflects a surge in investor interest in the cryptocurrency derivatives market at this time. The establishment of APEC could significantly alter the competitive landscape of cryptocurrency trading and derivatives in the long run.
3 sourcesJun 21