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
8457 stories- 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
- Economy· World
UK reports lower public sector net borrowing for June 2026
The UK government announced a public sector net borrowing figure of £16 billion for June 2026, which is £7.9 billion less than the same month last year. This positive development is being leveraged by Chancellor Andy Burnham to propose VAT cuts on electricity bills in response to the ongoing cost of living crisis. The long-term implication is that the effectiveness of these proposed measures will be crucial as the government navigates significant fiscal challenges ahead.
3 sourcesJul 24
- Economy· World
Trump proposes 50% tariffs on Canadian goods escalating trade tensions
Former President Donald Trump has announced a proposal for 50% tariffs on $20 billion worth of Canadian imports, including autos and dairy. This move comes as Canada's job market is already under strain from previous U.S. tariffs and trade uncertainties. The long-term implication may involve retaliatory measures from Canada, further escalating trade tensions and impacting both economies and global markets.
3 sourcesJul 24
- Economy· World
Moody's upgrades Argentina's credit rating to B3 amid economic reforms
Moody's has upgraded Argentina's credit rating from Caa1 to B3, indicating a significant reduction in the country's default risk. This upgrade is driven by improved investor confidence in Argentina's economic policies and marks the third upgrade in less than three months. The long-term implication is that this positive outlook may attract increased foreign investment and support ongoing economic reforms in Argentina.
3 sourcesJul 24
- Business· World
FDA Reviews Seven Peptides for Health Benefits and Market Potential
The FDA's Pharmacy Compounding Advisory Committee is evaluating the legal status of seven peptides this week. This review is prompted by increasing interest in peptides for treating various health issues, including obesity and insomnia. If approved, the legal production of these peptides could significantly reshape the health and wellness market, leading to greater accessibility and innovation in treatments.
3 sourcesJul 24
- Economy· World
Oil prices exceed $100 per barrel amid Middle East tensions causing U.S. stock market decline
Brent oil prices have surged past $100 per barrel due to escalating tensions in the Middle East, impacting global crude supply. This spike is occurring now as increased fighting raises concerns about oil availability, coinciding with disappointing earnings from major tech companies. The long-term implication is heightened market volatility, with investors closely monitoring geopolitical developments and upcoming earnings reports that could further influence oil prices and stock valuations.
5 sourcesJul 24
- Economy· MENA
Saudi Arabia's Operating Revenues Index rises 11.4% year-on-year in May 2026
In May 2026, Saudi Arabia's Operating Revenues Index increased by 11.4% compared to the previous year, indicating strong economic performance in sectors like mining and manufacturing. This growth is attributed to a surge in mining and quarrying activities, which rose by 38.7%, despite a significant decline in building permits issued. The long-term implication suggests potential challenges for future infrastructure development as the construction sector faces setbacks.
3 sourcesJul 23
- Business· UAE
Dubai Future District Fund expands investment portfolio to 30 commitments
The Dubai Future District Fund has announced the addition of eight new investment commitments, increasing its total to 30. This expansion is driven by a strategic focus on venture capital and high-growth start-ups in sectors like PropTech and artificial intelligence, aligning with Dubai's economic agenda. In the long term, this move is expected to enhance Dubai's position as a global hub for innovation and attract further investments in the region.
3 sourcesJul 23
- Economy· MENA
Yemen resumes oil exports after three-year suspension amid ongoing conflict
Yemen has resumed oil exports after a nearly three-year suspension due to the conflict with the Houthi militia. This decision, announced by Presidential Leadership Council Chairman Rashad Al-Alimi, aims to generate revenue for the state budget and improve essential services while calling for national unity. The long-term implication may be a potential stabilization of Yemen's economy, although challenges from the Houthi militia remain significant.
3 sourcesJul 23