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
ARK Invest acquires $500 million stake in SpaceX on IPO day
ARK Invest has purchased nearly 3.3 million shares of SpaceX during its initial public offering, totaling over $500 million. This significant investment reflects ARK's confidence in SpaceX's growth potential, particularly in its Starlink broadband and cryptocurrency ventures. As SpaceX expands its services, this move may attract further institutional interest in innovative technology firms.
3 sourcesJun 18Low
- Economy· World
Federal Reserve Signals Rate Hike Under New Chair Warsh
The Federal Reserve has indicated a potential rate hike in 2026 during Chair Warsh's inaugural press conference. This shift is driven by Warsh's hawkish leadership and a new streamlined FOMC meeting format aimed at tightening financial conditions. Long-term, this policy change is expected to create market volatility as investors adjust their strategies to the Fed's evolving direction.
3 sourcesJun 18Low
- Business· World
Roku's stock downgraded by analysts amid Fox acquisition bid
Roku's stock ratings were downgraded by Loop Capital and Jefferies following Fox's acquisition offer. This shift reflects growing concerns about Roku's growth potential as the streaming market consolidates. The long-term implication may involve increased scrutiny on Roku's market position and strategic direction as competition intensifies.
3 sourcesJun 18Low
- Economy· World
Oil prices decline as US-Iran deal to reopen Strait of Hormuz is anticipated
Oil prices have fallen nearly 5% due to market expectations surrounding a potential US-Iran agreement to reopen the Strait of Hormuz. This shift is occurring as traders await clarity on the deal, which is seen as a crucial factor for restoring oil supply. Long-term implications suggest that even with an agreement, normal trading levels may take months to resume, keeping the oil market in a state of volatility.
5 sourcesJun 18Low
- Business· World
Sigma Healthcare withdraws from Boots acquisition negotiations
Sigma Healthcare has officially abandoned its pursuit of acquiring the UK pharmacy chain Boots. This decision comes as Sigma determined that the $10 billion deal did not align with its strategic and capital investment objectives. The long-term implication may see Boots seeking new ownership while Sigma refocuses its investment strategy in the market.
3 sourcesJun 18Low
- Economy· World
European Stocks Surge to Record Highs Following US-Iran Peace Agreement
On June 15, 2026, European stocks reached record highs as the STOXX 600 index closed at 639.20 points following a preliminary peace agreement between the United States and Iran. This surge is driven by improved investor sentiment and declining oil prices amid the resolution of a three-month conflict in the Middle East. The long-term implication suggests a potential stabilization of European markets and increased foreign investment in the region as geopolitical tensions ease.
8 sourcesJun 18Low
- Economy· World
PwC report reveals AI's dual impact on job market dynamics
PwC has released a report detailing a significant shift in the job market due to AI, indicating a bifurcation where expert roles are enhanced while entry-level positions become more accessible. This change is driven by the increasing demand for skilled workers as AI automates various tasks within workflows. In the long term, this trend suggests a necessary evolution in educational and training programs to meet the new workforce expectations.
3 sourcesJun 18Low
- Business· World
Starbucks Korea to close stores for history training after marketing backlash
Starbucks Korea announced a half-day closure of over 2,000 stores for staff to participate in mandatory history training following backlash from a controversial marketing campaign. The campaign coincided with the anniversary of the 1980 Gwangju Uprising, triggering significant public outrage and calls for accountability. This initiative may set a precedent for other companies to enhance cultural sensitivity in their marketing strategies moving forward.
3 sourcesJun 18Moderate
- Business· World
German government rejects UniCredit's €39 billion takeover bid for Commerzbank
The German government has officially rejected UniCredit's €39 billion takeover bid for Commerzbank, underscoring the latter's importance to the national economy. This decision comes amid rising tensions between the two banks, with UniCredit challenging Commerzbank's statements regarding the bid. In the long term, this rejection may lead to potential legal actions from UniCredit and could impact future banking mergers and acquisitions in the region.
4 sourcesJun 18Low
- Economy· World
Bank of Japan Raises Interest Rates to 31-Year High Amid Middle East Conflict
On June 16, 2026, the Bank of Japan raised its benchmark interest rate by a quarter-point to 1 percent, the highest level in 31 years. This decision was triggered by inflationary pressures from soaring crude oil prices due to the ongoing war in the Middle East. The long-term implication is that this shift may lead to increased borrowing costs and economic adjustments both domestically and globally as central banks respond to similar inflationary trends.
13 sourcesJun 18Low
- Economy· World
IEA Revises 2026 Oil Demand Outlook Amid U.S.-Iran Agreement
The International Energy Agency has significantly downgraded its oil demand forecast for 2026 due to a marked decline in global demand. This revision coincides with a potential reopening of the Hormuz Strait following a U.S.-Iran agreement, which is expected to increase oil supply. Long-term implications suggest a looming oversupply in the oil market if demand does not recover, necessitating close monitoring of geopolitical developments.
4 sourcesJun 18Low
- Economy· World
UK inflation remains steady at 2.8% in May
UK inflation has held steady at 2.8% as of May, marking the lowest rate in 13 months. This stability comes as the Bank of England prepares to maintain current interest rates during its upcoming meeting. The unchanged inflation rate suggests a cautious approach in monetary policy, potentially delaying any rate adjustments as the economic landscape is assessed.
4 sourcesJun 18Low
- Business· World
Xbox announces layoffs and studio closures amid leadership changes
Xbox is preparing for layoffs and has announced the closure of Compulsion Games as part of a broader organizational reset. This restructuring follows a significant decline in revenue despite over $20 billion in investments in content and hardware over the past five years, driven by new CEO Asha Sharma's strategic overhaul. The long-term implication may hinge on Xbox's ability to streamline operations and regain profitability in a competitive gaming market.
3 sourcesJun 18Low
- Business· World
Oliver Tree dies in helicopter collision prompting aviation liability investigations
On June 14, 2026, singer-songwriter Oliver Tree Nickell died in a helicopter collision in Rio de Janeiro, Brazil, along with five others. The incident has triggered investigations into potential regulatory violations regarding the helicopter's authorization for commercial passenger transport. This tragedy may lead to significant changes in aviation liability standards and compliance regulations in Brazil and potentially influence similar frameworks in other regions, including the UAE.
8 sourcesJun 18Low
- Economy· MENA
Strait of Hormuz reopening anticipated to ease oil supply disruptions
Middle Eastern nations are enhancing their oil shipping infrastructure amid rising optimism for a potential US-Iran agreement to reopen the Strait of Hormuz. This development comes as recent blockades have severely impacted oil supply to Asian markets, creating a pressing need for resolution. Long-term, the reopening is expected to stabilize oil markets, although the economic repercussions of the supply crunch may persist, particularly in Asia's energy-dependent economies.
3 sourcesJun 18Low
- Economy· World
US Stock Market Gains on Tentative US-Iran Agreement
On June 15, 2026, the US stock market saw significant increases following a tentative agreement between the United States and Iran aimed at reducing regional hostilities. This positive market reaction was triggered by investor optimism regarding the stabilization of global energy supplies, which had been disrupted by ongoing conflicts. In the long term, the agreement could lead to improved economic stability and reduced inflationary pressures in the energy sector worldwide.
7 sourcesJun 18Low
- Economy· World
US Strategic Petroleum Reserve hits lowest level since 1983
The U.S. Strategic Petroleum Reserve has fallen to 340.3 million barrels, marking its lowest level since 1983. This decline is driven by ongoing releases of oil to combat rising fuel prices amid geopolitical tensions. The situation raises concerns about U.S. energy security and may lead to policy shifts towards alternative energy strategies.
4 sourcesJun 18Low
- Economy· World
Oil Prices Drop After U.S.-Iran Peace Agreement
Oil prices have declined sharply following the signing of a peace agreement between the United States and Iran, effectively ending the ongoing conflict and reopening the Strait of Hormuz. The immediate cause of this price drop is the market's anticipation of a swift return of Iranian oil to global markets as U.S. sanctions are lifted. In the long term, this agreement is likely to stabilize oil prices and reduce geopolitical tensions in the region, impacting global energy markets significantly.
7 sourcesJun 18Low
- Economy· World
Federal Reserve Maintains Interest Rates Amid Internal Divisions
The Federal Reserve decided to keep interest rates steady at a range of 3.5% to 3.75% during Chair Kevin Warsh's first meeting. This decision reflects ongoing divisions within the Federal Open Market Committee regarding future monetary policy direction, particularly concerning inflation targets. As the Fed navigates these internal disagreements, future meetings will be critical in determining the trajectory of interest rates and inflation management.
3 sourcesJun 18Low
- Economy· World
Oil Prices Drop After U.S.-Iran Agreement to Reopen Strait of Hormuz
Oil prices fell sharply following a preliminary agreement between the United States and Iran to end hostilities and reopen the Strait of Hormuz. This agreement comes at a time of heightened geopolitical tensions that have disrupted oil supply, prompting a significant market reaction. In the long term, the reopening of this critical trade route may stabilize oil prices and enhance regional trade dynamics.
31 sourcesJun 18High