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
4277 stories- Business· World
Ford announces $30,000 electric pickup truck set for next year launch
Ford has unveiled plans for an affordable electric pickup truck priced at $30,000, scheduled for release next year. This initiative comes after the company wrote off $20 billion in electric vehicle investments, signaling a strategic pivot to attract skeptical pickup buyers. The success of this model could reshape consumer perceptions and influence Ford's long-term strategy in the electric vehicle market.
3 sourcesMay 8Low
- Business· World
Shopify's stock drops over 10% amid rising costs and slowing revenue growth outlook
Shopify's shares fell over 10% following a disappointing profit outlook amid rising costs. The company's Q1 revenue growth of 34% year-over-year is overshadowed by forecasts indicating slower growth for Q2. This situation raises concerns about Shopify's ability to manage expenses and sustain investor confidence in the long term.
3 sourcesMay 8Low
- Crypto· World
Strategy Inc. Reports $12.54 Billion Net Loss Driven by Bitcoin Price Drop
Strategy Inc. announced a $12.54 billion net loss for Q1 2026, largely due to $14.46 billion in unrealized losses from a 25% decline in Bitcoin prices. This financial downturn is occurring as the company continues to expand its Bitcoin holdings through capital raises, including high-demand STRC preferred equity. The long-term implication may involve a shift in corporate strategies regarding Bitcoin treasury management and potential tactical sales to meet dividend obligations.
7 sourcesMay 8Low
- Crypto· World
Strategy Inc. considers Bitcoin sales after reporting $12.54 billion loss in Q1 2026
Strategy Inc. has reported a significant loss of $12.54 billion for the first quarter of 2026 and is contemplating selling Bitcoin to meet dividend obligations. This decision comes as the firm has increased its Bitcoin holdings to over 815,000 BTC, representing nearly 4% of the total supply. The long-term implications may involve a strategic shift in how the firm manages its substantial Bitcoin assets amidst ongoing market volatility.
3 sourcesMay 8Low
- Crypto· World
CME Group to Launch Regulated Bitcoin Volatility Futures in 2026
CME Group has announced the launch of Bitcoin volatility futures, set to begin trading on June 1, 2026. This initiative is driven by a rising demand for hedging options among institutional investors in the cryptocurrency market. The introduction of these futures is expected to enhance market stability and attract more institutional participation in Bitcoin trading strategies.
3 sourcesMay 8Moderate
- Business· World
Live Nation reports $389.1 million loss in Q1 2026 despite $3.79 billion revenue
Live Nation has reported a significant first-quarter loss of $389.1 million primarily due to substantial legal expenses. This financial setback is triggered by $450 million in legal costs associated with a Department of Justice settlement and ongoing litigation. The long-term implication suggests that the company must navigate these legal challenges while maintaining revenue growth to restore investor confidence and ensure sustainability.
3 sourcesMay 8Low
- Business· World
Match Group reports 4% revenue growth in Q1 2026 driven by Tinder resurgence
Match Group has announced a 4% year-over-year revenue increase for Q1 2026, reaching $864 million, surpassing analyst expectations. This growth is primarily attributed to a successful turnaround strategy for Tinder, which has seen new user registrations rise for the first time since 2024. The positive trends indicate that Match Group may continue to attract younger users, suggesting a favorable outlook for the dating app market.
4 sourcesMay 8Low
- Business· World
Super Micro Computer Reports Record Q3 Profit Driven by AI Server Demand
Super Micro Computer has reported a Q3 profit of $483.4 million, with revenue increasing 123% year-over-year to $10.24 billion. This surge in performance is attributed to strong demand for AI servers and effective cost management, despite missing Wall Street revenue estimates. Looking ahead, Super Micro's strategic focus on AI technology positions it for continued growth in the competitive tech sector.
5 sourcesMay 8Low
- Economy· World
South Korea's inflation rate reaches 21-month high amid rising oil prices
South Korea's inflation rate has surged to 2.6% in April, marking the highest level since July 2024. This increase is primarily driven by escalating oil prices and ongoing geopolitical tensions in the Middle East. As inflation pressures mount, the Bank of Korea is likely to consider tightening monetary policy in response to these economic challenges.
3 sourcesMay 8Low
- Business· World
Diageo reports unexpected sales growth driven by emerging markets
Diageo's sales rose unexpectedly in the latest quarter, primarily due to strong growth in Africa and Latin America. This surge comes as the company seeks to offset challenges in the U.S. market, where it has been struggling. Looking ahead, Diageo's focus on emerging markets may continue to drive growth and investor confidence despite ongoing difficulties in more mature markets.
3 sourcesMay 8Low
- Business· World
CVS Health reports over $2.9 billion net income driven by Aetna's cost management improvements
CVS Health has announced a first quarter net income exceeding $2.9 billion, attributed to a significant turnaround in its Aetna health insurance unit. This financial performance is occurring now due to improved cost management for Aetna subscribers, reflecting a broader recovery trend in the health insurance industry. The long-term implication suggests CVS Health is well-positioned for future growth in the health insurance market as it continues to capitalize on these operational efficiencies.
3 sourcesMay 8Low
- Crypto· World
Morgan Stanley Introduces Low-Cost Cryptocurrency Trading on E*Trade Platform
Morgan Stanley has launched a pilot cryptocurrency trading service on its E*Trade platform, charging 50 basis points per transaction. This initiative is driven by a favorable regulatory environment in the U.S. and aims to attract E*Trade's 8.6 million account holders while challenging existing competitors like Coinbase and Robinhood. The long-term implication is a potential shift in the financial landscape as traditional finance increasingly integrates with digital assets, enhancing competition in the cryptocurrency market.
9 sourcesMay 8Moderate
- Business· World
Pinterest's stock rises 15% following strong first-quarter earnings report
Pinterest's shares surged approximately 15% after the release of its first-quarter earnings report. The immediate cause of this increase was the company's improved advertising demand and a growing user base, which positively influenced investor sentiment. In the long term, this performance may indicate a favorable outlook for Pinterest as it continues to capitalize on advertising opportunities and attract users.
3 sourcesMay 8Low
- Business· World
Bayer to Acquire Perfuse Therapeutics for Up to $2.45 Billion
Bayer has announced its intention to acquire Perfuse Therapeutics for up to $2.45 billion. This strategic move is aimed at enhancing Bayer's drug pipeline and expanding its presence in the ophthalmology sector. The acquisition is expected to position Bayer as a stronger player in the eye care market, potentially leading to new product developments and increased market share.
4 sourcesMay 8Low
- Economy· World
U.S. stock futures rise amid optimism for U.S.-Iran peace agreement
U.S. stock futures increased by 0.9% as hopes for a peace agreement between the U.S. and Iran grew. This surge in investor confidence is driven by easing tensions and a decline in oil prices. If negotiations progress, further market gains may be anticipated, indicating a shift towards stability in the financial landscape.
3 sourcesMay 8Moderate
- Economy· World
U.S. crude oil inventories decline for second consecutive week
Crude oil inventories in the U.S. fell by 2.3 million barrels in the week ending May 1. This decline is attributed to increased refinery utilization rates and aligns with market expectations. Continued decreases in oil inventories may lead to rising prices and increased market volatility.
3 sourcesMay 8Low
- Business· World
Duolingo stock drops 14% after announcing growth slowdown despite strong Q1 results
Duolingo's stock fell 14% following the announcement of a strategic shift towards slower growth, despite beating Wall Street estimates for Q1 2026. The immediate trigger for this decline was the company's disappointing revenue guidance for the upcoming year, raising investor concerns about future performance. In the long term, Duolingo will need to balance user engagement with sustainable monetization strategies to regain investor confidence and stabilize its stock price.
3 sourcesMay 8Low
- Business· World
Hut 8 Corp secures $9.8 billion AI data center lease boosting stock by 30%
Hut 8 Corp has announced a $9.8 billion lease for an AI data center, resulting in a 30% surge in its stock price. This significant investment comes as the company pivots from cryptocurrency mining to high-performance computing, reflecting a strategic shift in response to market demands. The long-term implication is that Hut 8 could emerge as a key player in the expanding AI infrastructure market, contingent on the successful execution of its new business strategy.
5 sourcesMay 8High
- Economy· World
Japanese yen reaches 10-week high amid speculation of government intervention
The Japanese yen surged to 155.04 per dollar, marking its strongest position in over two months. This rally follows a previous intervention by Japanese authorities on April 30, raising concerns about potential further actions to stabilize the currency. Analysts predict that continued volatility in the yen could significantly influence Japan's economic stability and monetary policy decisions moving forward.
3 sourcesMay 8Moderate
- Business· World
Citadel Reconsiders NYC Expansion Amid Wealth Tax Disputes with Mayor Mamdani
Citadel is reevaluating its expansion plans in New York City due to escalating tensions with Mayor Zohran Mamdani over proposed wealth taxes. The immediate trigger for this reconsideration is Ken Griffin's criticism of the city's attitude towards wealth and success, prompting a potential shift of focus to Miami for future investments. If these tax policies are implemented, it could lead to significant capital flight and reshape the business landscape in New York City.
3 sourcesMay 8Moderate