
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
8486 stories- Economy· World
China's crude oil imports and production reach decade lows amid Persian Gulf conflict
China's crude oil imports and production have fallen to their lowest levels in nearly ten years as of June 2026. This decline is primarily driven by the ongoing war in the Persian Gulf, which has disrupted supply chains, coupled with a significant drop in domestic demand. The long-term implication is that China may need to adjust its energy sourcing and consumption strategies in response to these geopolitical and economic challenges.
4 sourcesJul 17
- Crypto· World
Robinhood Chain surpasses $100 million in trading volume within two weeks of launch
Robinhood Chain has achieved over $100 million in trading volume just two weeks after its launch. This rapid adoption is driven by strong user interest in its Arbitrum-based Layer-2 mainnet capabilities. The ongoing performance of Robinhood Chain may significantly influence future developments in Ethereum and the Layer-2 ecosystem.
3 sourcesJul 17
- Business· World
BP anticipates stronger oil trading performance and reduced net debt for Q2 2026
BP has reported expectations of improved oil trading results and a decrease in net debt for the second quarter of 2026. This positive outlook follows exceptional results in the first quarter and is driven by favorable energy prices. The company's performance in Q2 may set the tone for its financial strategy moving forward.
3 sourcesJul 17
- Business· World
Ericsson Reports 6% Revenue Decline Amid Rising Component Costs
Ericsson's revenue fell by 6% in the second quarter of 2026, leading to a drop in share prices. The immediate cause is attributed to rising semiconductor prices and decreased licensing income, which are squeezing profit margins. In the long term, Ericsson may need to adapt its strategies to mitigate these financial pressures and maintain its market position.
3 sourcesJul 17
- Business· World
Samsung Electronics denies reports of potential US ADR listing amid investor pressure
Samsung Electronics is reportedly in early discussions about a potential US listing of American depositary receipts but has denied these claims. The immediate trigger for this speculation is increasing investor pressure for the company to enhance its market presence in the US. Long-term, this situation may lead to heightened scrutiny from investors and analysts regarding Samsung's strategic decisions in the semiconductor industry.
4 sourcesJul 17
- Business· World
Flex AI finance startup achieves $1.2 billion valuation after $70 million funding round
Flex's valuation has reached $1.2 billion following a successful $70 million Series B1 funding round. This surge is driven by increasing institutional interest in innovative fintech solutions, particularly in alternative lending. The long-term implication suggests that Flex and similar companies may continue to attract significant investment, potentially reshaping the financial landscape for mid-sized businesses.
3 sourcesJul 17
- Business· World
Chai Discovery secures $400 million in Series C funding to enhance AI drug discovery capabilities
Chai Discovery has raised $400 million in a Series C funding round, increasing its valuation to $3.8 billion. This surge in funding is driven by a growing investor interest in the practical applications of artificial intelligence in drug development. The long-term implication is that Chai Discovery is poised to become a key player in transforming the pharmaceutical industry through AI technologies.
4 sourcesJul 17
- Economy· World
China's exports surge driven by AI boom and electronic component demand
China's exports increased significantly in June 2026, marking the fastest growth since 2021. This surge is fueled by high demand for electronic chips and computing power amid ongoing challenges in the domestic economy. The long-term implications suggest that future trade dynamics will hinge on U.S.-China tariff relations and the evolving landscape of AI technology.
3 sourcesJul 17
- Economy· World
US consumer inflation drops to 3.5% in June
US inflation has decreased to 3.5% in June, marking the largest monthly decline since April 2020. This shift is primarily driven by falling energy prices, leading traders to adjust their expectations for Federal Reserve interest rate hikes. In the long term, this cooling inflation may prompt the Fed to maintain current interest rates to support economic growth while closely monitoring inflation trends.
4 sourcesJul 17
- Economy· World
Trump Proposes 20% Shipping Fee in Strait of Hormuz Impacting Oil Prices
President Trump has announced a proposed 20% shipping fee for vessels passing through the Strait of Hormuz, causing oil prices to rise sharply. This announcement has triggered immediate concerns among shipping companies and market analysts, leading Brent crude to breach $85 per barrel. The long-term implications may include significant shifts in global shipping dynamics and potential instability in oil markets.
3 sourcesJul 17
- Crypto· World
Circle wins legal arbitration against Heka Funds over USDC market manipulation allegations
Circle has successfully won a court-backed arbitration against Heka Funds, confirming the suspension of USDC minting and redemption services. This legal victory comes amid increasing scrutiny and concerns over market manipulation in the stablecoin sector. The outcome may set a precedent for future regulatory actions, emphasizing the need for compliance and transparency among stablecoin issuers.
4 sourcesJul 17
- Business· World
CoreWeave Explores Financial Derivatives to Hedge Against Rising Memory Chip Prices
CoreWeave is investigating the use of financial derivatives to mitigate risks associated with fluctuating memory chip prices. This move is prompted by a significant doubling of memory chip prices this year, which has impacted major tech companies. The long-term implication could be a shift in how tech firms manage supply chain risks and financial strategies in response to hardware cost volatility.
4 sourcesJul 17
- Economy· World
China's GDP growth hits 3.5-year low amid economic imbalances
China's second-quarter GDP growth has fallen to its lowest level in 3.5 years, indicating a significant economic slowdown. This decline is driven by worsening economic imbalances, particularly in retail sales and investment, which have raised concerns about the overall health of the economy. In response to these pressures, the Chinese government may need to implement measures to stimulate growth and address the underlying issues affecting various sectors.
3 sourcesJul 17
- Economy· World
Jamie Dimon warns of market risks despite record profits from major banks
JPMorgan and Goldman Sachs reported record profits, highlighting a strong performance in the banking sector. Jamie Dimon cautioned that current market conditions may be nearing their peak, influenced by rising oil prices and geopolitical tensions. Stakeholders should prepare for potential fluctuations in market performance as economic indicators evolve and geopolitical developments unfold.
3 sourcesJul 17
- Business· World
JPMorgan Chase reports record quarterly profit of $21.2 billion
JPMorgan Chase has announced a historic quarterly profit of $21.2 billion, marking the highest ever recorded by a U.S. bank. This surge in profit is attributed to an 86% increase in equities revenue and significant contributions from Visa-related transactions. As the bank approaches a $1 trillion market valuation, its performance is likely to reshape investor expectations and market dynamics in the financial sector.
3 sourcesJul 17
- Economy· World
Asian LNG prices surge to highest levels since March amid Middle East tensions
Asian liquefied natural gas prices have surged to their highest levels since March due to escalating military conflicts in the Middle East. The immediate trigger for this price increase is heightened fears of supply disruptions, particularly affecting shipping routes through the Strait of Hormuz. Long-term implications suggest that continued geopolitical tensions will likely keep LNG prices elevated and may lead to further supply challenges in the coming months.
4 sourcesJul 17
- Business· World
Jump Trading Group doubles workforce to engage booming prediction markets
Jump Trading Group has doubled its team size to capitalize on the surging popularity of prediction markets, which have reached a monthly trading volume of $50 billion during the 2026 FIFA World Cup. This expansion is driven by increasing institutional interest in prediction markets as they gain traction in mainstream finance. The long-term implication is a potential transformation in financial trading dynamics, with prediction markets becoming a more integral part of the landscape.
3 sourcesJul 17
- Economy· World
Wall Street banks report significant profit increases in Q2 2026
Major Wall Street banks have reported substantial profit increases in Q2 2026 due to strong trading revenues driven by market volatility. This surge in profits is occurring as firms like Morgan Stanley, JPMorgan, and Goldman Sachs capitalize on favorable trading conditions. The long-term implication suggests a continued positive outlook for investment banks, although potential economic shifts may pose future challenges.
3 sourcesJul 17
- Business· World
Microsoft lays off 3,200 Xbox employees amid major restructuring
Microsoft has announced the layoff of 3,200 employees from its Xbox division as part of a significant restructuring effort. This decision follows an $80 billion investment in Xbox that has not produced the anticipated results, prompting the company to realign its strategy. The long-term implications may include a reevaluation of Xbox's market position and future game development plans.
3 sourcesJul 17
- Business· World
South East Water fined £30.5 million for repeated supply failures
South East Water has been penalized £30.5 million by Ofwat due to multiple supply failures that disrupted services for over 286,000 residents and businesses. This penalty follows investigations revealing a pattern of customer service failings and breaches of operational compliance. The long-term implication may involve increased regulatory scrutiny and potential further actions if the company fails to improve its service delivery.
3 sourcesJul 17