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
8618 stories- 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
- Business· World
137 Ventures raises $700 million for growth-stage startups in AI and space
137 Ventures has raised $700 million to support growth-stage startups, particularly in the AI and space sectors. This funding round is driven by a strong belief in the potential of innovative technologies and the firm's established relationship with companies like SpaceX. In the long term, this investment is likely to enhance the growth of startups in these advanced industries, positioning 137 Ventures as a key player in the venture capital landscape.
3 sourcesMay 2Low
- Economy· World
Bank of England Holds Interest Rates Steady Amid Inflation Concerns
The Bank of England has decided to maintain interest rates at 3.75% as inflation risks remain high. This decision is prompted by ongoing global economic pressures, particularly related to energy prices. In the long term, the Bank may need to adjust rates upwards if inflationary pressures persist.
4 sourcesMay 2Low
- Business· World
DAZN acquires ViewLift for $100 million to enhance U.S. sports streaming capabilities
DAZN has announced its acquisition of ViewLift for approximately $100 million to strengthen its presence in the U.S. sports streaming sector. This strategic move is driven by DAZN's goal to enhance its technological capabilities and market share in a competitive landscape. The long-term implication is that this acquisition may lead to improved streaming services and increased subscriber attraction for DAZN in the evolving sports streaming market.
3 sourcesMay 2Low
- Business· World
Caterpillar Raises Growth Outlook Amid Strong AI-Driven Demand
Caterpillar has lifted its growth outlook due to sustained demand for its products fueled by AI advancements. This shift is occurring now as the company benefits from a surge in demand for power generation equipment despite geopolitical tensions and rising energy prices. Long-term, Caterpillar is well-positioned for continued growth as AI technology evolves and the need for power generation solutions increases.
3 sourcesMay 2Moderate
- Business· World
Altria Reports Increased Q1 Sales Driven by Higher Cigarette Prices
Altria's sales rose in the first quarter of 2026 due to increased cigarette prices. This shift is occurring as the company leverages its pricing power to offset declining sales volumes amidst challenging market conditions. In the long term, Altria's ability to sustain its pricing strategy will be critical as it navigates potential regulatory pressures and changing consumer preferences in the tobacco market.
3 sourcesMay 2Low
- Business· World
Alphabet Inc. Reports Strong Q1 Earnings Amid Regulatory Scrutiny
Alphabet Inc. has reported strong first-quarter earnings, showcasing its leadership in search advertising and growth in AI-driven cloud services. The stock experienced a slight dip due to ongoing regulatory scrutiny and broader market fluctuations. Analysts remain optimistic, adjusting their price targets upward, indicating confidence in the company's future growth potential despite these challenges.
3 sourcesMay 2Moderate
- Business· World
Big Tech Earnings Growth Driven by AI Faces Investor Concerns Over Costs
Big Tech companies are reporting strong earnings growth attributed to advancements in artificial intelligence. This surge is currently challenged by rising capital expenditures and depreciation charges, prompting investor skepticism about the sustainability of this growth. The long-term outlook suggests that these companies must effectively manage their AI-related expenses to maintain profitability and investor confidence.
4 sourcesMay 2Moderate
- Economy· World
ECB to Maintain Interest Rates Amid Iran War Uncertainty
The European Central Bank is expected to hold interest rates steady as it assesses the economic impact of the ongoing Iran war. This decision comes as officials find no immediate justification for a rate hike, reflecting caution in the face of geopolitical tensions. Long-term, the ECB's data-driven approach may lead to policy adjustments depending on future developments in the conflict.
4 sourcesMay 2Moderate
- Business· World
Blue Owl Capital Raises $9 Billion Amid Private Credit Market Challenges
Blue Owl Capital Inc. announced the successful raising of $9 billion in new equity commitments during Q1 2026 as the private credit market faces significant investor fatigue and redemption pressures. This fundraising comes at a critical moment when the firm is managing $5.6 billion in redemption requests and experiencing negative net returns in direct lending. The long-term implication suggests a strategic shift towards real assets and GP stakes as firms navigate the evolving landscape of private credit investments.
9 sourcesMay 2Low
- Business· World
Bombardier Inc. shares surge to 23-year high amid strong demand for defense products
Bombardier Inc. has reported a significant increase in its cash flow outlook and strong demand for its defense products, leading to a surge in its stock price to a 23-year high. This positive shift is driven by heightened interest in the company's services segment, which generated $617 million in the first quarter. The long-term implication suggests that Bombardier is well-positioned for continued growth in both its services and defense sectors as private jet usage and repair demand rise.
3 sourcesMay 2Low
- Economy· World
US economy grows 2% in Q1 2026 driven by business investments in technology
The U.S. economy grew at a 2% pace in the first quarter of 2026. This growth is occurring now due to a significant increase in business investments in technology, particularly AI, despite a slowdown in consumer spending. The long-term implication suggests that the ongoing AI boom may continue to shape investment trends and economic growth in the coming quarters.
4 sourcesMay 2Low
- Business· World
Meta announces layoffs of 8,000 employees due to rising AI infrastructure costs
Meta Platforms CEO Mark Zuckerberg announced that the company will lay off approximately 8,000 employees, representing 10% of its workforce, to address escalating compute infrastructure and personnel expenses. This decision comes as Meta's capital expenditures are projected to reach $125-145 billion in 2026, driven by significant investments in artificial intelligence. The long-term implication suggests a continued shift towards AI-driven operations, potentially leading to further workforce reductions as the company seeks efficiency amidst rising costs.
6 sourcesMay 2Low
- Business· World
Reddit reports 69% revenue growth in Q1 2026 driven by advertising surge
Reddit's first-quarter revenue jumped 69% year-on-year to $663 million, with a profit of $204 million. This significant growth is attributed to a 74% increase in advertising revenue, which exceeded Wall Street's expectations. The strong performance positions Reddit for continued growth and a positive outlook for future quarters.
3 sourcesMay 2Moderate
- Business· World
Rivian reduces DOE loan while increasing Georgia plant production capacity
Rivian has announced a reduction in its Department of Energy loan for its Georgia factory from $6.6 billion to $4.5 billion while increasing the plant's initial production capacity by 50%. This strategic adjustment follows Rivian's report of higher revenue in the first quarter of 2026, indicating improved financial health. The long-term implication suggests Rivian is positioning itself for sustainable growth in the competitive electric vehicle market.
4 sourcesMay 2Low
- Business· World
Apple reports record Q2 revenue driven by strong iPhone and Mac sales
Apple Inc. achieved a revenue of $111.2 billion for its fiscal second quarter, marking a 17% year-over-year increase. This surge is attributed to a 21.6% growth in iPhone sales and a new $100 billion share buyback program announced by the company. Looking ahead, Apple's strong financial performance positions it well for continued growth despite potential market challenges.
4 sourcesMay 2Moderate
- Business· World
Meta Raises Capital Spending Forecast to $145 Billion Amid Ongoing Losses in Metaverse
Meta has increased its capital spending forecast to $145 billion, reflecting a significant financial shift within the company. This decision comes as the company faces substantial losses exceeding $80 billion in its Metaverse division and a decline of over 20 million users. The long-term implication is that Meta's ability to convert these investments into profitable ventures will be crucial for restoring investor confidence and stabilizing its financial outlook.
4 sourcesMay 2High
- Economy· World
UK house prices rise by 3% year-on-year in April 2026
House prices in the UK increased by 3% in April 2026 compared to the previous year, marking the fastest growth in 11 months. This rise is occurring despite ongoing geopolitical tensions in the Middle East and higher interest rates affecting the housing market. The long-term implication may be a rebound in consumer confidence and stability in the housing market if external pressures are managed effectively.
3 sourcesMay 2Moderate
- Business· World
FDA advisory committee votes against AstraZeneca's camizestrant for breast cancer treatment
The FDA's Oncologic Drugs Advisory Committee voted 6 to 3 against recommending AstraZeneca's camizestrant for breast cancer treatment. This decision was triggered by concerns regarding the study design rather than the drug's safety or efficacy. AstraZeneca plans to address these concerns and continues to pursue potential approval, which could significantly impact its long-term growth strategy in oncology.
3 sourcesMay 2Low
- Business· World
ExxonMobil reports strong Q1 2026 earnings amid Iran war disruptions
ExxonMobil's Q1 2026 earnings exceeded analyst expectations despite ongoing disruptions caused by the Iran war. The company's performance was driven by increased oil production from Guyana and the Permian Basin, which helped offset supply losses. This resilience suggests that the oil industry may continue to thrive even amidst geopolitical tensions affecting supply chains.
3 sourcesMay 2Moderate