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
8425 stories- Economy· World
Goldman Sachs Projects Brent Crude Oil Prices Could Exceed $120 Amid Strait of Hormuz Tensions
Brent crude oil prices are forecasted to potentially exceed $120 per barrel by the fourth quarter of 2026 due to ongoing disruptions in the Strait of Hormuz. This projection is triggered by rising oil prices and geopolitical tensions in the region, which have raised concerns over supply shortages. Long-term, the volatility in oil prices may lead to significant shifts in global energy markets and economic stability.
5 sourcesJul 24
- Business· World
London Stock Exchange to Launch Overnight Trading Venue in 2027
The London Stock Exchange has announced plans to introduce an overnight trading venue in 2027. This initiative is driven by the need to enhance market access and compete with the 24/7 nature of cryptocurrency trading. The long-term implication is that this move could reshape trading practices and attract a broader range of investors across global markets.
4 sourcesJul 24
- Business· World
Frasers Group Increases Stake in Hugo Boss to 30.28% Amid Takeover Bid
Frasers Group has raised its stake in Hugo Boss to 30.28%, surpassing the mandatory bid threshold. This strategic move is driven by the impending deadline of its $2.2 billion acquisition offer, which is set to expire soon. If successful, this acquisition could significantly reshape the competitive landscape of the luxury fashion market.
3 sourcesJul 24
- Crypto· World
U.S. Senate Banking Committee Approves CLARITY Act for Digital Asset Regulation
The U.S. Senate Banking Committee has approved the CLARITY Act, which aims to establish clearer regulations for digital assets by splitting oversight between the CFTC and SEC. This legislative progress has been triggered by a growing recognition of the need for regulatory clarity in the cryptocurrency market, leading to a surge in Bitcoin prices. If finalized, the act could significantly reshape the regulatory landscape for cryptocurrencies in the U.S., impacting investor sentiment and market dynamics.
3 sourcesJul 24
- Business· World
Nintendo contests tariff refund claims in court
Nintendo has filed a court response asserting that consumers are not entitled to refunds for tariff-related price increases. This legal stance is prompted by a lawsuit seeking refunds from customers who purchased consoles and accessories at higher prices. The outcome of this case may set a precedent for corporate pricing strategies and consumer rights in the gaming industry moving forward.
3 sourcesJul 24
- Business· World
Intel announces major job cuts and restructuring in data center unit
Intel has confirmed plans to cut 40% of its global workforce as part of a significant restructuring effort within its data center group. This decision comes in response to ongoing challenges in the semiconductor market, prompting the company to streamline operations and improve efficiency. If executed effectively, these changes may position Intel for future growth and competitiveness in a rapidly evolving industry.
4 sourcesJul 24
- Business· World
OpenAI appoints two independent board members ahead of IPO
OpenAI has appointed David Vélez and Robin Vince as independent directors in preparation for its upcoming IPO. This strategic move aims to enhance the company's governance and attract public investors at this critical juncture. The addition of experienced financial leaders is expected to bolster investor confidence as OpenAI transitions to a publicly traded entity.
5 sourcesJul 24
- Business· World
U.S. stock markets rise as chip stocks recover ahead of tech earnings
U.S. stock indexes have climbed due to a rebound in chip stocks. This surge is occurring as investors position themselves in anticipation of significant technology earnings reports. The long-term implication is that the performance of chip stocks may set the tone for broader market trends during the upcoming earnings season.
3 sourcesJul 24
- Business· World
Alaska Air reports $76 million loss in Q2 due to rising fuel costs linked to Middle East conflict
Alaska Air Group Inc. has reported a second-quarter loss of $76 million primarily driven by increased fuel expenses associated with the ongoing conflict in the Middle East. This financial setback comes at a time when the airline's earnings outlook has slightly exceeded analyst expectations, indicating a degree of resilience in demand. Looking ahead, Alaska Air anticipates a recovery in the third quarter as it adapts to fluctuating fuel prices and seeks to restore profitability.
3 sourcesJul 24
- Business· World
Zhongji Innolight Co. initiates $7 billion IPO in Hong Kong
Zhongji Innolight Co. has begun the process for a significant IPO in Hong Kong, aiming to raise up to $7 billion. This move is driven by the company's strategy to enhance its research and development capabilities and expand global production capacity. If successful, this IPO could revitalize investor confidence in Hong Kong's IPO market and pave the way for more large-scale listings in the future.
3 sourcesJul 24
- Business· World
Airbus announces ambitious profitability targets and share buyback plan
Airbus has set a new mid-term profitability goal to nearly double its earnings by 2029 and initiated a share buyback program. This strategic move comes as the company seeks to enhance shareholder value and reflects strong investor confidence, evidenced by a 7% rise in its stock price. In the long term, this approach is likely to attract continued investor interest and bolster Airbus's market position.
4 sourcesJul 24
- Business· World
ESPN announces layoffs amid $60 million deal negotiations
ESPN has laid off several employees, including notable figures Karl Ravech and Ryan Clark, as part of a corporate restructuring. This decision comes as the network is negotiating a significant new deal worth $60 million, reflecting ongoing financial pressures. The long-term implications may include further changes in ESPN's programming and talent roster as it adapts to these challenges.
3 sourcesJul 24
- Business· World
Tesla reports first negative free cash flow in over two years
Tesla has reported a negative free cash flow of $1.1 billion for Q2 2026, marking a significant financial shift. This downturn is primarily driven by increased investments in AI and robotics, despite achieving record vehicle deliveries. The long-term implication suggests that investors will closely monitor Tesla's ability to balance ambitious growth with profitability.
3 sourcesJul 24
- Economy· MENA
Gold prices hit two-week high amid rising geopolitical tensions
Gold prices have surged to their highest level in over two weeks due to increased buying activity amid rising regional tensions. This spike is triggered by ongoing conflicts in the Middle East, prompting investors to seek safe-haven assets like gold. As geopolitical uncertainties persist, gold is expected to remain a focal point for investors seeking stability in volatile markets.
5 sourcesJul 24
- Business· World
ARK Invest divests from Robinhood to invest over $20 million in SpaceX and Archer Aviation
ARK Invest has sold its stake in Robinhood and invested $20.45 million in SpaceX, leading to a 7.10% increase in SpaceX's stock. This strategic move comes as ARK seeks to capitalize on high-growth tech stocks amid market volatility. The long-term implication suggests ARK may continue to diversify its portfolio in the aerospace sector, potentially positioning itself for future gains if these companies overcome current challenges.
3 sourcesJul 24
- Economy· World
FTSE 100 Declines Amid Rising Oil Prices and Easing Inflation
The FTSE 100 index has seen a decline due to rising oil prices, despite recent reports of softer inflation in the UK. This fluctuation is triggered by the immediate impact of geopolitical tensions, particularly concerning Iran, which has created volatility in the market. Long-term, investors are likely to remain cautious as they navigate the implications of fluctuating oil prices and inflation trends on market stability.
3 sourcesJul 24
- Business· World
Tesla reports record Q2 2026 revenue but misses EPS expectations
Tesla's Q2 2026 earnings report revealed a record revenue of $28.2 billion, surpassing analyst expectations, but the earnings per share (EPS) of 33 cents fell short of estimates. The immediate concern arises from rising costs and spending that have impacted overall profitability, prompting shareholder scrutiny. In the long term, Tesla's ability to manage costs while sustaining revenue growth will be critical for maintaining investor confidence and market position.
3 sourcesJul 24
- Business· World
Super Micro Computer reports record backlog and gross margin increase
Super Micro Computer has announced a record backlog of over $60 billion in orders and revised its gross margin expectations upward to 15%-17%. This surge in demand for AI-related infrastructure has triggered a significant stock price increase of over 20% in the last 48 hours. The company is now well-positioned to capitalize on the growing AI market, suggesting a positive trajectory for its future performance.
5 sourcesJul 24
- Crypto· World
Democrats Raise Ethical Concerns Over GOP's Cryptocurrency Legislation
The GOP's cryptocurrency legislation has encountered significant opposition from Democrats due to newly introduced ethical provisions. This backlash is triggered by concerns regarding the enforcement role of the Justice Department and the implications for federal officials. The long-term impact may lead to amendments in the bill as bipartisan negotiations unfold, shaping the future of cryptocurrency regulation in the U.S.
4 sourcesJul 24
- Economy· World
Gold prices reach two-week high amid rising energy costs and Fed rate hike expectations
Gold prices surged to a two-week high of $4,129.43 per ounce due to escalating energy costs and increased expectations of interest rate hikes by the U.S. Federal Reserve. The immediate trigger for this fluctuation is the ongoing conflict in the Middle East, which has heightened inflation concerns and market volatility. In the long term, investors will closely monitor the Federal Reserve's upcoming decisions and potential diplomatic developments regarding the Iran crisis, which could further influence market dynamics.
4 sourcesJul 24