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
SoFi Technologies reports record profits amid scrutiny from short sellers
SoFi Technologies has reported a doubling of profits driven by record loan and member growth. This significant financial performance comes as the company faces increased scrutiny from short sellers questioning its credibility. The upcoming earnings report will be critical in determining investor confidence and the company's ability to sustain growth amidst market skepticism.
3 sourcesApr 30Moderate
- Business· World
Yum! Brands Reports Strong Q1 Earnings Driven by Taco Bell and KFC Growth
Yum! Brands has reported a strong performance in Q1 2026, surpassing revenue estimates due to significant growth at its Taco Bell and KFC chains. This surge in performance is attributed to the company's strategic implementation of value deals that have attracted more customers. Looking ahead, Yum! Brands is well-positioned for continued growth as consumer demand for affordable dining options remains robust.
3 sourcesApr 30Low
- Economy· World
U.S. crude oil stockpiles decline by 6.2 million barrels amid rising exports
U.S. crude oil stockpiles have dropped by 6.2 million barrels, significantly exceeding analysts' expectations. This decline is driven by a surge in weekly exports, which increased by 1.6 million barrels per day. The ongoing trend may lead to tighter oil markets and influence global oil prices in the long term.
3 sourcesApr 30Low
- Business· World
AstraZeneca announces $405.5 million investment in the U.K. pharmaceutical market
AstraZeneca has revealed plans to invest $405.5 million in the U.K., marking a significant shift in its strategy after previously halting investments due to concerns over innovation incentives. This decision is driven by strong demand for its cancer and rare-disease drugs, which have exceeded Q1 forecasts. The long-term implication suggests a renewed commitment to the U.K. market, potentially leading to further innovations and growth in the pharmaceutical sector.
3 sourcesApr 30Low
- Economy· World
World Bank Projects 24% Increase in Global Energy Prices by 2026 Due to Middle East Conflict
The World Bank has forecasted a 24 percent surge in global energy prices for 2026, driven by significant disruptions in oil supply caused by the ongoing war in the Middle East. This projection comes as the conflict has led to the largest oil supply shock on record, particularly affecting flows through the Strait of Hormuz. Long-term implications include heightened inflation and food insecurity, particularly in developing economies, as commodity prices are expected to rise across the board.
6 sourcesApr 30Low
- Economy· World
Jamie Dimon warns of potential credit market downturn risks
Jamie Dimon, CEO of JPMorgan Chase, has raised alarms about the risks of a significant downturn in the credit market. This warning comes despite strong quarterly performance from JPMorgan and other banks, reflecting Dimon's cautious outlook on future economic conditions. Investors are advised to remain vigilant as unexpected challenges in the credit market may arise, prompting a reevaluation of market strategies.
3 sourcesApr 30Moderate
- Business· World
Bill Ackman to Launch $5 Billion IPO for New Fund and Asset Management Company
Pershing Square is set to launch an IPO aiming to raise approximately $5 billion. This move is part of Bill Ackman's strategy to expand his investment management business and is supported by Wall Street professionals. The success of this IPO could enhance Ackman's reputation in the investment community and influence market trends in asset management.
3 sourcesApr 30Moderate
- Economy· MENA
UAE Withdraws from OPEC+ as Russia Reaffirms Commitment to Alliance
The United Arab Emirates has announced its withdrawal from OPEC and OPEC+ effective May 1, 2026. This decision comes as Russia confirms its intention to remain in the alliance, emphasizing the need for stability in global oil markets amidst the UAE's exit. The long-term implication may involve a significant reassessment of roles and commitments among remaining OPEC+ members to maintain market stability.
3 sourcesApr 30High
- Crypto· World
DeFi Sector Initiates $300 Million Bailout for Aave Following Major KelpDAO Exploit
On April 18, 2026, North Korea-linked hackers exploited a vulnerability in KelpDAO, resulting in a $292 million loss and triggering a crisis for Aave. The immediate response involved Aave launching the 'DeFi United' initiative, securing over $300 million in pledges from various protocols to stabilize the situation. This incident highlights the vulnerabilities in decentralized finance systems and may lead to increased scrutiny and calls for regulatory measures in the crypto space.
6 sourcesApr 30Moderate
- Business· World
Pernod Ricard and Brown-Forman terminate merger discussions
Pernod Ricard and Brown-Forman have officially ended their merger discussions. The termination of these talks reflects the complexities of the current spirits market and allows both companies to pursue independent strategies. This shift may lead to increased competition as other players, such as Sazerac, seek to capitalize on the situation.
3 sourcesApr 30Low
- Crypto· World
Meta launches USDC stablecoin payments for creators in Colombia and the Philippines
Meta has initiated USDC payouts for select creators on the Solana and Polygon blockchains. This rollout comes four years after the abandonment of the Libra project, signaling a renewed focus on cryptocurrency integration. The long-term implication may lead to increased cryptocurrency adoption among creators and influence regulatory frameworks in the digital economy.
3 sourcesApr 30High
- Business· World
Robinhood Markets Q1 2026 Earnings Report Shows 47% Drop in Cryptocurrency Revenue
On April 28, 2026, Robinhood Markets reported a significant earnings miss, primarily due to a 47% year-over-year decline in cryptocurrency transaction revenue. This decline is attributed to a broader contraction in the cryptocurrency market, which saw Bitcoin's worst quarterly performance since 2018. As a result, Robinhood's strategic focus may shift towards diversifying its revenue streams beyond cryptocurrency amid ongoing market volatility.
9 sourcesApr 30Moderate
- Business· World
Eli Lilly and Sun Pharma announce major healthcare acquisitions
Eli Lilly has announced its acquisition of Ajax Therapeutics for up to $2.3 billion, while Sun Pharmaceutical Industries is set to acquire Organon for $11.75 billion. These deals are occurring now as both companies aim to enhance their specialized portfolios in oncology and women's health amidst a growing trend of consolidation in the pharmaceutical industry. The long-term implication is a potential reshaping of competitive dynamics in these sectors, impacting market competition and patient access to therapies.
3 sourcesApr 30Moderate
- Economy· World
Stock Market Declines Following Federal Reserve's Steady Interest Rate Decision
Wall Street has extended its losses after the Federal Reserve decided to maintain interest rates. This decision comes amid dissent among central bank officials and a busy week for significant earnings reports from major tech companies. The long-term implication is that market sentiment will heavily depend on these upcoming earnings and any further guidance from the Federal Reserve regarding its monetary policy stance.
3 sourcesApr 30Moderate
- Business· UAE
UAE Announces Withdrawal from OPEC and OPEC+ Effective May 1, 2026
The United Arab Emirates has declared its intention to withdraw from OPEC and OPEC+, effective May 1, 2026. This decision is driven by a strategic policy shift aimed at enhancing production flexibility and aligning with national interests amid changing global energy demands. The long-term implication is a potential strengthening of bilateral energy ties with major importers like India, which may lead to improved pricing and negotiation leverage in the oil market.
7 sourcesApr 30Very High
- Business· World
CATL raises $5 billion in Hong Kong share placement to expand global operations
Chinese battery manufacturer CATL has raised $5 billion through a share placement in Hong Kong. This fundraising is driven by the surging global demand for electric vehicle batteries and the ongoing geopolitical tensions affecting energy markets. The long-term implication is that CATL is well-positioned to enhance its global footprint in the electric vehicle market and lead the transition to renewable energy solutions.
5 sourcesApr 30Low
- Business· World
Kone Oyj acquires 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 in the sector. The long-term implication is that Kone's dominance may lead to increased innovation and competition, prompting rivals to adapt to the new market dynamics.
5 sourcesApr 30Moderate
- Business· World
Pershing Square USA and Inc. Successfully Raise $5 Billion in IPO Amid Market Caution
Pershing Square USA and its parent company Pershing Square Inc. raised $5 billion in a combined initial public offering on the New York Stock Exchange. The offering was triggered by a renewed attempt to provide public access to Bill Ackman's investment strategy after a previous failed IPO attempt in 2024. The long-term implication suggests a cautious investor sentiment towards activist fund public listings, potentially impacting future fundraising efforts in the sector.
6 sourcesApr 30High
- Business· World
Amazon Reports Strong Q1 2026 Earnings Driven by Cloud Growth
Amazon has announced a 17% increase in revenue for Q1 2026, reaching $181.5 billion, significantly surpassing analyst expectations. This surge is primarily attributed to a 28% year-over-year growth in its cloud computing division, Amazon Web Services (AWS). The strong financial results position Amazon for continued dominance in both the retail and technology sectors moving forward.
3 sourcesApr 30High
- Business· World
AWS Achieves 28% Revenue Growth Amid Rising Capital Expenditures
Amazon Web Services (AWS) reported a 28% year-over-year revenue increase, reaching $37.6 billion in Q1 2026, marking its fastest growth in 15 quarters. This surge in revenue coincides with a significant rise in capital expenditures, which jumped to $44.2 billion, reflecting Amazon's strategy to invest heavily in cloud infrastructure. The long-term implication suggests AWS will need to balance its capital spending with profitability while maintaining its competitive edge in the cloud market.
3 sourcesApr 30Moderate