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
8632 stories- Business· World
Seagate Technology's stock rises 11% after strong Q3 earnings report
Seagate Technology's stock surged 11% following a strong third-quarter earnings report, adding approximately $15 billion to its market capitalization. The company's impressive 44% year-over-year revenue increase is driven by heightened demand for data storage solutions amid growing AI infrastructure investments. This positive outlook suggests continued growth for Seagate as AI spending increases.
3 sourcesMay 1Low - Business· MENA
BYD reports 55% profit drop amid declining EV sales in China
BYD Co. has announced a 55% decline in net profit for the first quarter, marking its lowest level in over three years. This downturn is primarily triggered by the phasing out of EV subsidies in China and intensified competition leading to price reductions. In the long term, BYD's ability to adapt its strategies for regaining market share in China will be crucial for its future profitability and market position.
4 sourcesMay 1Low - Economy· World
Global bond yields rise sharply amid inflation and oil price surge
Global bond yields have surged, with the 10-year Bund yield reaching a 15-year high. This increase is driven by rising oil prices and inflation concerns, alongside market reactions to the Federal Reserve's signals regarding potential interest rate hikes. As inflation pressures persist and geopolitical tensions continue, bond yields are likely to remain volatile, impacting investment strategies and interest rates.
3 sourcesMay 1Low - Business· World
Jamie Dimon warns of severe credit market risks amid strong bank performance
Jamie Dimon has raised alarms about potential risks in the credit market during a recent conference. This warning comes as he shifts focus from geopolitical concerns to the growing threat of cyber vulnerabilities. Stakeholders in the financial sector should prepare for potential shifts in credit market dynamics and increased emphasis on cybersecurity in risk assessments.
3 sourcesMay 1Low - Economy· World
US Geological Survey Identifies Major Lithium Reserves in Appalachian Region
The US Geological Survey has announced that the Appalachian region contains an estimated 2.3 million metric tons of lithium oxide, sufficient to meet US energy needs for 328 years. This discovery is driven by the increasing demand for electric vehicles and renewable energy technologies, prompting the US to seek greater energy independence from foreign lithium imports, particularly from China. In the long term, this could lead to significant investments in domestic lithium extraction and reshape the global supply chain for critical minerals.
3 sourcesMay 1Moderate - Economy· World
U.S. stock markets see record gains led by Nasdaq in April 2026
The Nasdaq Composite achieved its largest monthly increase since April 2020, rising over 15% and closing at a record high. This surge is driven by strong performances from major tech companies like Google and Caterpillar, despite some volatility in other sectors. The long-term implication suggests that investor confidence may continue to grow, but market corrections could follow as earnings reports are released.
3 sourcesMay 1Low - Business· World
Lawsuit Filed Against BDO USA for Negligence in First Brands Bankruptcy Case
A hedge fund has sued BDO USA P.C. for failing to identify critical issues that contributed to First Brands Corp.'s bankruptcy. The lawsuit, claiming at least $70 million in damages, highlights alleged inadequacies in BDO's auditing practices. This case may lead to significant changes in auditing standards and practices within the industry, particularly for high-risk sectors like manufacturing.
3 sourcesMay 1Low - Business· World
Barclays reduces lending to high-risk borrowers after £228 million loss from MFS collapse
Barclays has announced a significant reduction in its lending to high-risk borrowers following a £228 million loss attributed to the collapse of Market Financial Solutions. This shift is prompted by the ongoing investigations into MFS's alleged fraud and the bank's need to reassess its risk exposure. In the long term, Barclays is likely to enhance its risk management strategies to prevent similar financial setbacks in the future.
3 sourcesMay 1Low - Economy· World
Iran's oil storage crisis intensifies amid U.S. naval blockades
Iran is facing a critical oil storage situation as U.S. blockades limit its export capabilities. The country has less than a month of oil storage left, prompting concerns about potential production cuts. If the blockade continues, Iran may have to make significant adjustments to its oil production, impacting both its economy and global oil markets.
3 sourcesMay 1Moderate - Business· World
Air France-KLM Lowers Capacity Growth Forecast Amid Rising Fuel Costs Linked to Iran Conflict
Air France-KLM has cut its capacity growth forecast for 2026 due to escalating fuel costs driven by the ongoing conflict in Iran. The airline anticipates a $2.4 billion increase in fuel expenses this year, prompting budget airlines to also reduce flights. This trend suggests that the airline industry may face prolonged challenges as geopolitical tensions continue to impact operational costs and capacity.
3 sourcesMay 1Low - Economy· World
Bank of England Holds Interest Rates Steady Amid Inflation Concerns Linked to Iran Conflict
The Bank of England has decided to maintain interest rates at 3.75% as it evaluates the inflationary impact of the ongoing conflict in Iran. This decision is prompted by rising oil prices and geopolitical tensions that are contributing to inflationary pressures in the UK. In the long term, the central bank may need to implement rate hikes later this year to address these economic challenges.
3 sourcesMay 1Moderate - Economy· World
Trump Lifts Tariffs on UK Whisky Products Following King Charles III's Visit
President Trump has announced the removal of tariffs on whisky products from the United Kingdom. This decision comes after King Charles III's recent visit, which reportedly influenced Trump's choice to lift the levies. The long-term implication is a potential strengthening of trade relations between the US and UK, particularly benefiting the whisky industry and related sectors.
5 sourcesMay 1High - Business· UAE
UAE Withdraws from OPEC and OPEC+ to Enhance Production Flexibility
The United Arab Emirates announced its withdrawal from OPEC and OPEC+ on April 28, 2026, effective May 1, 2026. This decision follows a comprehensive review of production policies aimed at increasing flexibility and aligning with national interests amid ongoing market dynamics. The long-term implication is a potential shift in global oil supply control, as the UAE plans to ramp up production independently while maintaining commitments to energy stability.
105 sourcesMay 1High
- Economy· MENA
UAE Exits OPEC Amid Rising Tensions from Iran Conflict
The UAE has officially left OPEC as tensions in the Gulf escalate due to the Iran war. This decision coincides with U.S. crude oil prices surpassing $100 per barrel for the first time since April, indicating significant market volatility. The long-term implication may lead to further fluctuations in global oil prices and a reevaluation of cooperation among oil-producing nations.
3 sourcesMay 1Very High
- Economy· World
Federal Reserve Maintains Interest Rates Amid Inflation and Political Pressure
On April 29, 2026, the Federal Reserve held its federal funds rate steady at 3.5%–3.75% during Jerome Powell's final meeting as chair. This decision comes as inflation surges due to a 50% increase in oil prices linked to the ongoing U.S.-Iran war, conflicting with President Trump's calls for immediate rate cuts. The Fed's stance suggests a cautious approach to monetary policy, potentially leading to further scrutiny of Warsh's nomination and the Fed's independence in the future.
32 sourcesMay 1High
- Economy· World
Jerome Powell concludes tenure as Federal Reserve Chair while remaining on Board
Jerome Powell held his final press conference as Chair of the Federal Reserve, confirming he will continue as a Governor. This decision comes amid speculation about the future direction of the Fed under new leadership and potential political implications for former President Trump. Powell's ongoing presence is likely to influence U.S. monetary policy as the Federal Reserve navigates complex economic conditions ahead.
3 sourcesMay 1High - Economy· World
U.S. Gasoline Prices Surge to Highest Level Since Start of Iran War
On April 28, 2026, U.S. gasoline prices reached a national average of $4.18 per gallon, marking the highest level since the onset of the Iran War. This increase is driven by stalled peace talks between the U.S. and Iran regarding the Strait of Hormuz and nuclear restrictions, which have disrupted a significant portion of global oil supply. The long-term implication is a sustained period of elevated fuel prices and continued geopolitical tensions affecting global energy markets.
7 sourcesMay 1High
- Economy· World
Brent Crude Oil Price Surges Beyond $125 per Barrel Amid Escalation Fears in US-Iran War
On April 30, 2026, Brent crude oil prices surged past $125 per barrel due to heightened investor concerns over stalled US-Iran peace talks and the ongoing war. The immediate trigger for this spike was the effective closure of the Strait of Hormuz, disrupting around 20 percent of global oil supplies. Long-term implications include potential military actions by the US to reopen the Strait and continued volatility in global oil markets, risking stagflation if disruptions persist.
18 sourcesMay 1Moderate
- Business· World
Blue Owl Capital sells half of its SpaceX stake amid IPO discussions
Blue Owl Capital has sold half of its stake in SpaceX at a valuation of $1.2 trillion. This sale reflects strong investor confidence as the company approaches a potential IPO. The long-term implication is an expected increase in investor interest and market dynamics surrounding the aerospace sector as SpaceX prepares for public offering.
3 sourcesApr 30Low - Crypto· World
North Korean hackers responsible for 76% of cryptocurrency thefts in 2026
North Korean hackers have stolen approximately $577 million in cryptocurrency this year, accounting for 76% of all crypto thefts. This surge in thefts is attributed to two major hacks targeting KelpDAO and Drift Protocol that occurred in April 2026. The long-term implication is a pressing need for enhanced security measures within the cryptocurrency sector to combat state-sponsored cyber threats.
3 sourcesApr 30Moderate