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
4284 stories- Economy· World
US stocks hit record high amid US-Iran ceasefire
US stocks reached a record closing high, driven by strong performance in semiconductor and memory stocks. This surge is attributed to improved investor sentiment following the US-Iran ceasefire holding. If the ceasefire remains stable, markets are likely to continue their upward momentum, although any resurgence of tensions could introduce volatility.
3 sourcesMay 7Low
- Business· World
Palantir Technologies reports record revenue growth driven by government contracts
Palantir Technologies Inc. has reported its fastest revenue growth since its IPO in 2020, achieving quarterly revenue of $1.63 billion. This surge is primarily driven by strong demand from U.S. government clients, despite challenges in the commercial sector. Looking ahead, Palantir's ability to enhance its commercial sales will be crucial for maintaining investor confidence and sustaining growth in a competitive AI landscape.
3 sourcesMay 7High
- Business· World
QuantWare secures $178 million funding for quantum processor manufacturing facility
Dutch startup QuantWare has raised $178 million in a Series B funding round to establish a manufacturing facility for quantum computing processors. The immediate trigger for this funding is the growing interest and investment in quantum technology, particularly from major players like Intel. In the long term, the establishment of KiloFab could position QuantWare as a key player in the rapidly evolving quantum computing industry.
3 sourcesMay 7Moderate
- Business· World
Warren Buffett steps down as CEO of Berkshire Hathaway with Greg Abel succeeding him
Warren Buffett officially stepped down as CEO of Berkshire Hathaway, with Greg Abel succeeding him. This leadership transition comes after Buffett's 60-year tenure, during which he transformed the company into a trillion-dollar conglomerate. The successful transition to Abel may signal a new era of growth and stability for Berkshire Hathaway as it adapts to market challenges under new leadership.
3 sourcesMay 7Low
- Business· World
Cerebras Systems Inc. announces IPO aiming to raise $3.5 billion
Cerebras Systems is preparing for an initial public offering (IPO) that could raise up to $3.5 billion. The high demand for shares has led the company to require institutional investors to place limit orders, reflecting strong investor interest at this moment. If successful, this IPO could solidify Cerebras' position as a leader in the AI chip market and influence future investments in technology.
4 sourcesMay 7Low
- Economy· World
Gold and silver prices surge amid easing US-Iran tensions
Gold and silver prices increased significantly amid easing US-Iran tensions. This shift in sentiment was triggered by hopes for a truce, which alleviated inflation fears and contributed to lower oil prices. In the long term, the precious metals market is likely to remain sensitive to geopolitical developments in the Middle East, leading to potential price volatility.
3 sourcesMay 7Low
- Economy· World
US equity markets rally amid optimism for Iran peace deal and strong tech earnings
US stocks have surged following President Trump's announcement of progress towards a peace deal with Iran, which has positively influenced market sentiment. This optimism is further fueled by robust earnings reports from the technology sector, particularly in artificial intelligence. As these developments unfold, market volatility may persist, but the overall outlook remains bullish for investors.
3 sourcesMay 7Moderate
- Business· World
Equinor's Q1 2026 Earnings Beat Expectations but Shares Decline Amid Falling Oil Prices
Equinor reported Q1 2026 earnings that exceeded market expectations, showcasing strong operational performance. The immediate decline in the company's shares is attributed to a drop in oil prices, driven by optimism regarding the resolution of the Middle East conflict. This situation highlights the volatility of the energy market and suggests that investor sentiment will remain closely tied to geopolitical developments and oil price trends moving forward.
3 sourcesMay 7Low
- Business· World
Amazon Launches Supply Chain Services to Compete with Major Logistics Firms
Amazon has opened its logistics network to all businesses, allowing them to utilize its extensive supply chain infrastructure. This strategic move is triggered by Amazon's aim to replicate the success of its cloud services in the logistics sector, attracting major corporations as initial clients. In the long term, this expansion could significantly disrupt traditional shipping and fulfillment services, prompting competitors like UPS and FedEx to innovate and adapt.
5 sourcesMay 7Low
- Business· World
Disney Reports Strong Earnings Under New CEO Amid Theme Park Visitor Decline
Walt Disney Co. has reported better-than-expected earnings in its first quarter under new CEO, driven by strong performance in streaming and film divisions. This positive shift is attributed to successful film releases and increased consumer spending on cruises and resorts, despite a decline in US theme park visitors. The long-term implication suggests that Disney's strategic pivot towards streaming and film production may continue to foster growth in the coming quarters.
3 sourcesMay 7Moderate
- Economy· World
U.S. stock market reaches record highs amid optimism for U.S.-Iran deal and AI sector growth
The S&P 500 and Nasdaq achieved record highs as investor confidence surged following renewed hopes for a U.S.-Iran deal and strong performance in technology stocks. This optimism is driven by President Trump's initiatives to ease tensions in the Strait of Hormuz and the ongoing rally in AI-related stocks. In the long term, continued developments in U.S.-Iran relations and advancements in technology sectors are likely to shape market trends significantly.
3 sourcesMay 7Moderate
- Economy· World
Gold prices rise 2.8% amid US-Iran truce negotiations
Gold prices surged by 2.8% to $4681.90 as market optimism grows over potential US-Iran truce negotiations. This shift is driven by easing inflation fears linked to the ongoing diplomatic discussions. If negotiations progress positively, precious metal prices may continue to rise, impacting global markets significantly.
3 sourcesMay 7Low
- Business· UAE
UAE Exits OPEC and OAPEC Signaling Major Shift in Energy Policy
The UAE has left both OPEC and OAPEC within a short timeframe. This strategic decision is driven by the desire for increased investment flexibility and production autonomy. The long-term implications may lead to heightened competition and instability within the global oil market.
4 sourcesMay 7Low
- Economy· MENA
Oil prices rise 6% amid escalating tensions in the Strait of Hormuz
Iran's military actions in the Strait of Hormuz have caused a significant spike in oil prices. The immediate trigger for this surge is Iran's attacks on vessels and threats to UAE oil infrastructure, prompting military responses from the U.S. Navy. Long-term implications suggest continued volatility in oil markets and potential for further price increases if tensions persist in the region.
4 sourcesMay 7High
- Economy· World
U.S. stock markets rise as oil prices fall amid U.S.-Iran ceasefire
U.S. stock markets are experiencing upward momentum as oil prices decline. This shift is driven by a recent ceasefire between the U.S. and Iran, which has alleviated geopolitical tensions. If the ceasefire holds and oil prices remain stable, the markets are likely to continue their upward trajectory.
3 sourcesMay 7Moderate
- Economy· World
US dollar hits 11-week low amid rising peace hopes with Iran
The U.S. dollar has fallen to an 11-week low as optimism grows for a potential peace agreement between the U.S. and Iran. This decline is driven by market reactions to expectations of an end to the U.S.-Iran conflict, reflecting a shift in investor sentiment towards geopolitical stability. If negotiations progress positively, the dollar may stabilize or recover as investor confidence returns.
3 sourcesMay 6High
- Business· World
Novo Nordisk Raises 2026 Financial Outlook Due to Surge in Wegovy Sales
Novo Nordisk has increased its financial outlook for 2026 following a significant rise in prescriptions for its weight-loss medication, Wegovy. The surge in demand for Wegovy, which has surpassed 2 million prescriptions since its launch, has prompted the company to revise its profit and sales decline expectations for the year. This positive trend indicates a strong potential for continued growth in the weight-loss medication market and may attract further investment interest in the pharmaceutical sector.
3 sourcesMay 6Moderate
- Business· UAE
Sheikh Mohammed bin Rashid Al Maktoum launches Dubai Metro Blue Line tunnelling works
Sheikh Mohammed bin Rashid Al Maktoum inaugurated the tunnelling works for the Dubai Metro Blue Line, a major infrastructure project. This initiative is being undertaken now as part of Dubai's commitment to enhance its public transport network with an investment of over AED 20 billion. The long-term implication is that the Blue Line will significantly improve urban mobility and connectivity, aligning with the city's growth plans and expected to reduce traffic congestion by 20%.
4 sourcesMay 6Low
- Economy· MENA
Saudi Arabia emerges as the leading tourism economy in the Middle East
Saudi Arabia's travel and tourism sector has grown significantly, contributing $178 billion to the GDP in 2025. This growth is driven by robust investments and strategic initiatives under Vision 2030, which have nearly doubled the global average growth rate. As a result, Saudi Arabia is likely to continue enhancing its status as a premier global tourist destination.
5 sourcesMay 6Low
- Business· World
Sony settles class action lawsuit for $7.85 million over PlayStation Store practices
Sony has agreed to a preliminary settlement of $7.85 million in a class action lawsuit concerning its PlayStation Store practices. The lawsuit, initiated in 2021, accused Sony of monopolistic behavior by restricting the sale of digital game codes through third parties. This settlement may lead to increased scrutiny and potential reforms in digital marketplace regulations and consumer protections in the gaming industry.
4 sourcesMay 6Low