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
8617 stories- Crypto· World
MoonPay Acquires Israeli Crypto Security Startup Sodot for $100 Million
MoonPay has completed the acquisition of Israeli crypto security startup Sodot for approximately $100 million in an all-stock deal. This acquisition is driven by the growing institutional demand for secure digital asset services, particularly following recent regulatory advancements in the cryptocurrency market. The long-term implication is the establishment of MoonPay Institutional, which aims to enhance the infrastructure for financial institutions and potentially reshape the crypto landscape for institutional investors.
7 sourcesMay 2Low
- Business· World
Humana reports $1.2 billion first-quarter profit amid Medicare Advantage rating challenges
Humana has reported a first-quarter net income of nearly $1.2 billion, despite facing headwinds from lower Medicare Advantage Star Ratings. The immediate cause of this financial shift is the impact of these ratings on bonuses and overall earnings, which are crucial for the company's profitability. In the long term, Humana's ability to navigate these challenges will be critical for maintaining its financial outlook and managing care costs effectively.
3 sourcesMay 2Low
- Business· World
AstraZeneca announces $405.5 million investment in U.K. cancer drug market
AstraZeneca has committed to a $405.5 million investment in the U.K. to bolster its operations in the cancer drug sector. This decision comes in response to strong demand for its cancer and rare-disease medications, reversing a previous pause in investments due to concerns over innovation incentives. The long-term implication may lead to a strengthened market position for AstraZeneca and potential shifts in U.K. pharmaceutical policies.
3 sourcesMay 2Low
- Economy· World
Iranian rial hits record low amid US-Israel ceasefire
The Iranian rial has reached a record low due to ongoing economic pressures and geopolitical events. This decline is occurring now as a result of increased demand for hard currency following a ceasefire between the US and Israel. Long-term implications include potential volatility in Iran's economy and the oil market, which may lead to further political unrest in the region.
3 sourcesMay 2Low
- Crypto· World
Bitcoin Struggles Below $80,000 Resistance Amid Options Market Dynamics
Bitcoin remains below the $80,000 mark as traders face significant resistance from a concentrated set of call options in the options market. This situation is exacerbated by profit-taking and cautious trading strategies among market participants. The long-term outlook suggests continued volatility until clearer market signals emerge, particularly around upcoming options expiries.
3 sourcesMay 2Low
- Business· MENA
Russia to Remain in OPEC+ Following UAE's Withdrawal
Russia has confirmed its commitment to the OPEC+ alliance despite the UAE's recent announcement of its exit. The UAE's withdrawal, effective May 1, 2026, has prompted Russia to emphasize the importance of OPEC+ agreements in stabilizing global oil markets. This development suggests that remaining members will need to adapt their production strategies to maintain market stability amid ongoing global supply challenges.
4 sourcesMay 2Low
- Crypto· World
Meta Platforms Launches USDC Stablecoin Payouts for Creators in Colombia and Philippines
On April 29, 2026, Meta Platforms initiated USDC payouts for eligible creators in Colombia and the Philippines via the Solana and Polygon blockchains. This move comes as a response to improved regulatory clarity on stablecoins and advancements in crypto infrastructure by Stripe, allowing for faster and lower-cost cross-border transactions. The long-term implication is a potential shift in creator economies towards cryptocurrency, enhancing global payment options for digital content creators.
7 sourcesMay 2Moderate
- Business· World
Robinhood's shares decline 12.5% following disappointing Q1 earnings driven by a 47% drop in crypto trading revenue
Robinhood's stock fell approximately 12.5% after reporting weaker-than-expected first-quarter results. The immediate cause of this decline is a significant 47% decrease in crypto trading revenue, raising investor concerns despite an overall revenue increase. In the long term, Robinhood's ability to diversify its revenue streams beyond crypto trading will be crucial for maintaining investor confidence and achieving sustained growth.
5 sourcesMay 2Low
- Crypto· World
Aave Faces Crisis After $293 Million Exploit Leads to $10 Billion in Outflows
Aave has suffered a significant exploit resulting in a $293 million loss and over $10 billion in fund outflows within the last 48 hours. This incident was triggered by attackers using stolen tokens as collateral on Aave V3, undermining user confidence and leading to a collapse in borrowing activity. In the long term, the DeFi sector will likely see a push for enhanced security measures and a reevaluation of risk management practices to restore trust among users.
4 sourcesMay 2Low
- Business· World
Kone Oyj to Acquire TK Elevator for €29.4 Billion Creating Largest Elevator Company
Kone Oyj has finalized a deal to acquire TK Elevator for €29.4 billion, marking a significant consolidation in the elevator industry. This acquisition is driven by Kone's strategy to enhance its market presence and competitiveness at a time when mergers and acquisitions are on the rise. The long-term implication is a reshaped competitive landscape in the elevator market, with potential impacts on pricing and innovation as companies consolidate resources.
4 sourcesMay 2Low
- Business· World
Ford Motor Company to receive $1.3 billion tariff refund following Supreme Court ruling
Ford Motor Company is set to receive a $1.3 billion refund from the federal government after a Supreme Court ruling that struck down certain tariffs. This ruling comes at a time when automakers are grappling with high tariff costs, providing Ford with a significant financial boost. The long-term implication may lead to improved profitability for Ford, allowing it to navigate ongoing trade pressures more effectively.
3 sourcesMay 2Low
- Business· World
Amazon Reports Strong Q1 2026 Earnings Driven by AWS Growth
Amazon has posted $181.5 billion in revenue for Q1 2026, exceeding Wall Street expectations. This surge is primarily attributed to a 28% year-over-year growth in its cloud computing division, Amazon Web Services (AWS). Looking ahead, Amazon's continued success in cloud services positions it well for future growth, particularly in AI and technology sectors.
4 sourcesMay 2High
- Business· World
AWS Achieves 28% Revenue Growth Amid Rising Capital Expenditures
Amazon's AWS reported a 28% year-over-year revenue increase in Q1 2026, reaching $37.6 billion, its fastest growth in 15 quarters. This surge in revenue coincides with a significant rise in capital expenditures, which jumped to $44.2 billion, indicating a strategic push for expansion. The long-term implication suggests that Amazon will need to balance its aggressive investment strategy with profitability to maintain its competitive edge in the cloud market.
3 sourcesMay 2Moderate
- Business· World
Starbucks reports best quarter in years driven by focus on customer experience
Starbucks has announced significant sales growth and increased foot traffic, marking its best quarter in years. This surge is attributed to CEO Brian Niccol's strategic shift away from discounts towards enhancing customer experience and menu offerings. In the long term, Starbucks is likely to continue prioritizing quality and customer engagement to sustain its growth trajectory in the coffee retail industry.
3 sourcesMay 2Moderate
- Business· World
Alphabet Inc. Achieves Record Q1 2026 Net Income of $62.6 Billion Driven by AI and Cloud Growth
Alphabet Inc. reported a record net income of $62.6 billion for Q1 2026, marking an 81 percent increase year-over-year. This surge is attributed to significant growth in Google Cloud services and robust digital advertising performance, coinciding with increased investments in AI technologies. The long-term implication suggests that Alphabet's continued focus on AI and cloud infrastructure will likely enhance its competitive position against rivals like Microsoft and Amazon in the tech industry.
6 sourcesMay 2Moderate
- Business· World
PayPal separates Venmo into standalone unit to drive growth
PayPal has announced the separation of Venmo into its own standalone unit. This restructuring is driven by CEO Enrique Lores' strategy to enhance growth and innovation within the digital payment sector. The long-term implication is that Venmo may explore new business models and partnerships, potentially reshaping its role in the fintech ecosystem.
3 sourcesMay 2Low
- Crypto· World
Polymarket Integrates Chainalysis Tools for Enhanced Market Surveillance
Polymarket has deployed Chainalysis security tools to monitor trading activity and enforce market integrity rules. This move comes in response to increasing regulatory scrutiny following allegations of insider trading linked to a U.S. Army soldier's significant profits on Polymarket bets. The partnership aims to bolster compliance and transparency in decentralized finance, potentially paving the way for Polymarket's relaunch in the U.S. market.
6 sourcesMay 2Moderate
- Economy· MENA
Saudi Arabia's GDP growth slows to 2.8% amid Iran conflict
Saudi Arabia's GDP growth rate has decreased to 2.8% in the first quarter of 2026, primarily influenced by the non-oil sector. This slowdown is attributed to the ongoing conflict with Iran, which is adversely affecting economic performance. The long-term outlook suggests that future economic stability will depend on geopolitical developments and the resilience of the non-oil sector.
3 sourcesMay 2Low
- Economy· World
Global gold demand increases by 2% in Q1 2026 despite cooling prices
Global gold demand rose by 2% in Q1 2026, according to the World Gold Council. This increase occurs as gold prices have recently pulled back from record highs, indicating a complex market scenario. The long-term implication suggests that sustained demand may lead to future price stability or recovery in the gold market.
3 sourcesMay 2Low
- Business· World
BlackRock's COO Highlights AI's Role in Financial Product Innovation
Rob Goldstein, COO of BlackRock, discussed the firm's strategic use of AI in product development and its implications for private markets. This focus on AI is driven by significant megatrends in finance, particularly the intersection of technology and asset management. As BlackRock continues to innovate, its strategies are likely to reshape the broader financial landscape and influence future market dynamics.
3 sourcesMay 2Low