Atif Khan

Avid golfer, investment banker / stock broker, father of 4!

[Atif Khan @aatukhan]

Research 101, part 3...

[Redd @ReddCinema]

Gaza in 2023 and 2026!

[Atif Khan @aatukhan]

@najam_ali Agreed. Sadly the government is just looking for a stopgap to maximize collection, with no real long-term vision of letting the economy grow, which is what actually widens the tax base over time.

[Atif Khan @aatukhan]

@chittarchuur @AliHZaidiPTI @fawadchaudhry This was a good healthy debate to read early in the morning!

[Atif Khan @aatukhan]

@Huk06 @parrysingh 😂😂😂

[Umair Javed @umairjav]

13 years with at least another few months added today.

[Umer Gilani @umerijazgilani]

The SC just announced its verdict in the #TRG Case. The company's legendary founder @Zia_Chishti_71 has won a resounding victory in what can be called the biggest corporate litigation in Pakistan in recent years.

A three member Supreme Court bench comprising Justices Naeem Akhtar Afghan, Shafi Siddiqi and Miangul Hassan Aurangzeb has unanimously upheld the Sindh High Court's verdict in Zia's favor. The crafty funneling of funds from TRG Pakistan to a third company and the use of those funds to diminish Zia Chishti's shareholding have all been declared as illegal.

Pakistani courts very rarely award "costs" to the winning side. But in this case the SC has done so. So Zia will be reimbursed whatever he incurred in this #legal struggle.

Throughout this struggle, the power dynamics ran against Mr. Chishti. Legal insiders know who did what; less said the better.

TRG stocks are fast rising, perhaps because leadership clarity always helps companies.

Many will celebrate today's victory as a victory for the rule of law - a reminder that our courts are still capable of resisting political pressures and deriving blows to influential quarters.

[Atif Khan @aatukhan]

@najam_ali https://t.co/2eCajo3Nr3

[Furkan Gözükara @FurkanGozukara]

Terrifying revelation. Amanpour reports that Saudi Arabia and Gulf states are pushing Trump to completely destroy Iran. MBS is allegedly telling Trump to "finish it once and for all." Israel and Saudi Arabia are using the US military to reshape the Middle East forever.

[Atif Khan @aatukhan]

@piersmorgan The audacity of The Grim Reaper!!!

[Atif Khan @aatukhan]

@netanyahu @grok please translate in English what he has said in the video

[Atif Khan @aatukhan]

@najam_ali https://t.co/VdfU9wMKWM

[Dr.Sam Youssef Ph.D.,Ph.D.,DPT. @drhossamsamy65]

⛔️Is Netanyahu Dead?
⛔️Social Media is blowing up with claims that Israeli Prime Minister Benjamin Netanyahu is dead, killed in a missile strike. What is true?#iranwar #trending #trump #netanyahu #war

[Atif Khan @aatukhan]

@OsmanSamiuddin A very interesting read indeed!!

[Deadly Law @DeadlyLaw]

Moved the International Law book to the fiction section in the library.

[Fahd Husain @Fahdhusain]

With US & Israel attacking Iran, Pakistan now faces a three-border challenge. Here are key takeaways:
1. We need clarity on what are our objectives in the conflict with Afghanistan. Deterrence against terrorism requires severe degradation of the TTP terror infrastructure & Taliban regime capacity to facilitate them. With the border with Iran volatile now, we must aim to achieve our objectives against TTA/TTP with lightning speed and devastating effects. This conflict must not prolong.
2. With US fully supporting us and regional countries also not intervening, we have full diplomatic space to conduct massive kinetic operation inside Afghanistan & cripple the ability of the regime & its proxies to launch terrorism into our homeland.
3. US/Israel attack on Iran is likely to escalate the conflict with a real danger of greater conflagration in the region. If Iran targets US bases in the region as well as Israel, this could lead to massive destabilisation politically and economically. The immediate impact on Pakistan could be rising oil prices and shocks to the economy. If the Gulf states are embroiled in the conflict, this could also possibly affect remittances coming into Pakistan. The next shock wave would depend on the domestic turmoil in Iran and the impact of the war on the Iranian regime.
4. Indian PM Narendra Modi has just ended a high profile visit to Israel. Closer coordination between Modi & Israeli PM Netanyahu could well mean that India was in the loop Israel’s aggressive plans against Iran. The danger of Modi then launching proxy misadventure on our eastern border cannot be ruled out. This means we need to mop up our Afghan operation fast and be ready for emerging challenges on the other two borders. But task should not be left half done. Taliban regime has given us an opportunity to transform the situation in our favour. We must not let this opportunity go waste. Regime change in Kabul should be the ultimate aim.
5. The nation must stand united in this challenging time. All political differences should be set aside for the moment till we have navigated through these poly-crises.

[Atif Khan @aatukhan]

#PSX
#KSE100Index

[Shanaka Anslem Perera ⚡ @shanaka86]

A blog post just wiped $30 billion off IBM in a single afternoon.

Not a product launch. Not an earnings miss. Not a competitor undercutting on price.

A five-minute blog post explaining that Claude can read COBOL.

IBM dropped 13%. Worst single-day loss since October 2000. Twenty-five years of stock resilience ended by one AI company publishing a capability update.

Here’s what happened:

95% of ATM transactions in America run on COBOL. Hundreds of billions of lines power banking, airlines, and government systems. The developers who built them retired decades ago. The knowledge left with them. Finding engineers who can even read COBOL gets harder every quarter.

IBM’s moat was never the technology. It was the fact that nobody else could understand it. Entire consulting empires existed because the code was too old, too tangled, and too critical to touch. Companies paid IBM billions because the alternative was catastrophic system failure.

Then Anthropic published a blog post saying Claude Code can map dependencies across thousands of lines of COBOL, document workflows, identify migration risks, and translate legacy logic into modern languages. Modernization in quarters instead of years.

The market heard: the priesthood just lost its monopoly on the sacred language.

And this isn’t the first time. Last week Anthropic announced Claude Code Security for vulnerability scanning. CrowdStrike dropped. Okta dropped. Cloudflare dropped. One company is serially destroying legacy moats with blog posts.

Now here’s where it gets surreal.

This same company, on the same day, also published evidence that three Chinese AI labs ran 24,000 fake accounts and 16 million exchanges to steal Claude’s capabilities. DeepSeek used it to build censorship tools. MiniMax pivoted within 24 hours when a new model dropped, redirecting half its traffic to steal the latest version.

And yesterday, the Pentagon summoned this same company’s CEO for what officials called a “sh*t-or-get-off-the-pot meeting,” threatening to blacklist them like Huawei for refusing to let the military use Claude without safety restrictions.

Three stories. One company. Twenty-four hours.

The company destroying legacy moats faster than the market can reprice them is simultaneously being threatened by its own government and looted by foreign competitors.

Anthropic is valued at $380 billion. Its CEO says a 12-month delay in AI would make him bankrupt. The Pentagon wants to designate it a supply chain risk. Chinese labs are running industrial espionage against it. And it just proved it can vaporize $30 billion in market cap with a Monday morning blog post.

Whatever you think about AI disruption, IBM’s stock just settled the argument.

Full institutional analysis on my Substack.

https://t.co/AEv8EMPdsZ

[Atif Khan @aatukhan]

#NewProfilePic

[Atif Khan @aatukhan]

@Aliya562219 Just two, the couple

[Atif Khan @aatukhan]

@najam_ali Congratulations Najam Sb!

[Dispropaganda @Dispropoganda]

Nothing says "board of peace" like having two founding members not show up to the signing ceremony because they would be arrested at the airport for war crimes.