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
4310 stories- Business· World
Roblox Corp revises revenue outlook downward amid safety measure impacts
Roblox Corp has reported an 18% drop in its shares following a downward revision of its revenue forecast due to disappointing user growth. The immediate cause of this decline is the implementation of new safety measures that have restricted children's usage of the platform, leading to fewer daily users than expected. In the long term, Roblox will need to balance its commitment to user safety with strategies to regain user engagement and investor confidence to stabilize its financial outlook.
3 sourcesMay 3Low - Economy· World
Oil prices reach four-year high amid U.S. military considerations in Iran
Brent crude oil prices have surged to over $126 a barrel due to escalating concerns about potential U.S. military action in Iran. This spike is triggered by reports that President Trump is being briefed on military options, causing significant market volatility. Long-term, the situation may lead to continued fluctuations in oil prices as geopolitical tensions evolve and market reactions intensify.
4 sourcesMay 3High - Business· World
Reddit reports 69% revenue growth in Q1 2026 driven by advertising surge
Reddit's first-quarter revenue reached $663 million, reflecting a 69% year-on-year increase. This growth is primarily attributed to a 74% rise in advertising revenue, which significantly exceeded Wall Street expectations. As a result, Reddit is well-positioned for continued expansion in the social media sector in the upcoming quarters.
3 sourcesMay 3Moderate - Business· World
Rivian reduces DOE loan while increasing Georgia factory 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 shift is occurring as Rivian reports higher revenue for the first quarter, indicating improved financial performance. The long-term implication is that Rivian may enhance its operational efficiency and strengthen its position in the competitive electric vehicle market.
4 sourcesMay 3Low - Economy· World
Oil prices hit four-year high amid U.S.-Iran conflict fears
Oil prices surged to a four-year high due to escalating concerns over potential U.S. military action against Iran. This spike is driven by fears of prolonged supply disruptions in the oil market, which are particularly sensitive to geopolitical tensions in the Middle East. As the situation evolves, the oil market is likely to remain volatile, with prices susceptible to rapid changes based on developments in U.S.-Iran relations.
5 sourcesMay 3Moderate - Business· World
Meta Platforms Inc. raises capital spending forecast to $145 billion amid investor concerns
Meta Platforms Inc. has increased its capital spending forecast to $145 billion, leading to a decline in its stock despite strong revenue growth. The immediate trigger for this decision is the rising costs of components and data centers, which CEO Mark Zuckerberg cited as a key factor. Long-term, the company's ability to regain investor confidence will hinge on whether these substantial investments in AI yield profitable growth.
4 sourcesMay 3Low
- Business· World
Apple Reports Strong Quarterly Earnings with Significant Revenue Growth
Apple has reported a revenue increase of 17% year-over-year, reaching $111.2 billion, driven by robust iPhone and Mac sales. This surge in performance has prompted the company to authorize a $100 billion share buyback program. Looking ahead, Apple's ability to innovate and expand its product offerings will be crucial for sustaining growth and meeting investor expectations.
5 sourcesMay 3Low
- Economy· World
Iran conflict drives global energy prices to new highs
The ongoing conflict in Iran has resulted in a significant spike in oil prices, with estimates indicating a 30% increase. This surge is occurring now due to the immediate disruptions in energy supply chains caused by the war. In the long term, these developments raise the risk of stagflation, prompting economies worldwide to adapt to rising costs and slowing growth.
3 sourcesMay 3High
- Business· World
Meta Platforms reports record earnings but stock declines due to AI spending concerns
Meta Platforms has reported its most profitable quarter ever, achieving a 33% increase in revenue and a net income of $26.8 billion. The immediate trigger for the stock's decline was a downgrade from JPMorgan, which raised concerns about the effectiveness of Meta's AI investments. In the long term, investors will be closely monitoring Meta's ability to manage its AI expenditures and deliver profitable outcomes to regain confidence and stabilize stock performance.
3 sourcesMay 3Moderate - Business· World
SpaceX prepares for IPO with limited investor control revealed
SpaceX is advancing towards its initial public offering while disclosing that investors will have minimal influence over company management. This situation arises as many investors currently hold shares through special purpose vehicles, highlighting a significant shift in governance expectations. The long-term implication may see investor sentiment tested as they weigh the value of shares against their lack of control post-IPO.
3 sourcesMay 3Low
- Business· World
Spirit Airlines Ceases Operations, Stranding Thousands Amid Financial Crisis
Spirit Airlines has canceled all flights as of May 2, 2026, effectively shutting down operations and leaving thousands of passengers stranded across the United States. This drastic measure follows a combination of surging jet fuel prices due to the Iran war and a failed government bailout attempt, which left the airline unable to sustain its financial obligations. The long-term implications may include increased market share for competing airlines and potential calls for industry-wide financial assistance to prevent further collapses in the aviation sector.
8 sourcesMay 3Very High
- Business· World
ARK Invest acquires 500,000 shares of Robinhood amid stock decline
Cathie Wood's ARK Invest has purchased over 500,000 shares of Robinhood, valued at approximately $40 million, despite the company's recent 13% stock drop following a disappointing earnings report. This investment comes as analysts express optimism about a potential recovery driven by increased trading activity in April. The long-term implication suggests that if Robinhood can capitalize on this trading surge, it may regain investor confidence and stabilize its market position.
3 sourcesMay 3Low - Business· World
Greg Abel outlines Berkshire Hathaway's strategic direction and acquisition plans as new CEO
Greg Abel has officially taken over as CEO of Berkshire Hathaway and addressed investors about the company's future strategies. The immediate focus is on navigating a competitive insurance landscape while leveraging significant cash reserves for potential acquisitions. This leadership transition signals a proactive approach to growth and adaptation in the evolving market under Abel's guidance.
3 sourcesMay 3Moderate - Economy· World
Warren Buffett Warns of Speculative Trading Risks in Financial Markets
Warren Buffett has raised alarms about the current state of financial markets, describing them as exhibiting a 'gambling mood' due to unprecedented levels of speculative trading. This warning comes in the wake of rising popularity of one-day options and prediction markets, which have contributed to irrational pricing behaviors. The long-term implication suggests that investors and regulators will need to address the potential instability and integrity issues arising from these speculative practices.
3 sourcesMay 3Moderate
- Economy· World
Bank of England and ECB Maintain Interest Rates Amid Rising Fuel Prices from Iran Conflict
On April 30, 2026, the Bank of England and European Central Bank held interest rates steady amid rising fuel prices triggered by the Middle East conflict. This decision comes as Brent crude oil prices surged to $126 per barrel following the closure of the Strait of Hormuz, impacting energy supplies and inflation. The long-term implication suggests that persistent high oil prices could force central banks to reconsider rate hikes to combat inflation while managing economic stagnation.
9 sourcesMay 3Low
- Economy· World
Eurozone inflation rises to 3% amid energy price surge linked to Iran war
Inflation in the Eurozone has surged to 3% in April 2026, driven by rising energy prices amid the ongoing Iran war. This increase follows a rise from 2.6% in March and 1.9% in February, as economic growth slows to just 0.1%. The European Central Bank is now under pressure to reconsider its interest rate policies in response to these inflationary pressures and economic challenges.
3 sourcesMay 3Low - Economy· World
Canada's manufacturing sector reports largest growth in three years
Canadian manufacturing grew by 1.8% in February 2026, marking the largest increase since January 2023. This growth is driven by heightened production and purchasing activity in response to concerns over rising prices. The recovery suggests a positive trend for the Canadian economy as it navigates ongoing challenges related to tariffs and inflationary pressures.
3 sourcesMay 3Low - Business· World
Samsung Electronics Reports Record Q1 2026 Profit Driven by AI Demand for Memory Chips
Samsung Electronics' Device Solutions division announced a 49-fold increase in operating profit to 53.7 trillion won for Q1 2026. This surge is attributed to unprecedented demand for high-bandwidth memory chips, which has outstripped production capacity amid a growing reliance on AI infrastructure. Looking ahead, the company anticipates that supply shortages will worsen into 2027, potentially impacting consumer electronics prices globally.
8 sourcesMay 3Low - Economy· UAE
UAE Exits OPEC Marking a Shift in Global Oil Dynamics
The UAE announced its exit from OPEC, becoming the first major member to do so. This decision is driven by a challenge to OPEC's authority and reflects broader shifts in the global oil market landscape. The long-term implication may include increased volatility in oil markets and a reevaluation of OPEC's role in global energy supply.
3 sourcesMay 3Low - Business· World
Apple Inc. Achieves 17% Revenue Growth in Q2 2026 Fueled by iPhone Sales
Apple Inc. reported a 17% year-over-year revenue increase to $111.2 billion for its fiscal second quarter, driven by record iPhone sales. This surge is attributed to strong demand for the iPhone 17 lineup and new product launches, coinciding with the announcement of a leadership transition to incoming CEO John Ternus. The long-term implication suggests continued growth in Apple's market share and potential for further product innovation amid a competitive landscape.
7 sourcesMay 3Low