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
4205 stories- Business· World
Marks & Spencer reports 29% drop in pretax profit due to cyberattack
Marks & Spencer has announced a 29% decline in pretax profit for fiscal year 2026, primarily due to the repercussions of a cyberattack. The immediate recovery in performance during the second half of the year indicates that the company is beginning to rebound from the incident. Looking ahead, M&S anticipates that profits will surpass pre-cyberattack levels in the upcoming fiscal year, suggesting a positive trajectory for the retailer.
3 sources10h agoLow
- Business· World
Standard Chartered CEO Faces Backlash Over Job Cuts and Controversial Remarks
Standard Chartered's CEO Bill Winters sparked controversy after referring to employees as 'lower-value human capital' while announcing nearly 8,000 job cuts. The backlash was triggered by the perceived dehumanization of staff during a significant restructuring effort aimed at adapting to changing work practices. This incident highlights the critical importance of corporate communication strategies in maintaining employee trust and managing reputational risks during organizational changes.
3 sources10h agoModerate
- Business· World
TJX Cos. reports 29% increase in Q1 earnings and raises full-year guidance
TJX Cos. has reported a 29% increase in first-quarter earnings, prompting the company to raise its full-year sales and profit forecasts. This surge in earnings is driven by heightened consumer interest in off-price retail amid a cautious economic environment. Looking ahead, TJX is well-positioned to capitalize on the ongoing trend of value-oriented shopping, potentially leading to sustained growth in the retail sector.
5 sources10h agoLow
- Crypto· World
Tether acquires SoftBank's stake in Twenty One Capital to strengthen Bitcoin market position
Tether has acquired SoftBank's entire 26% stake in Twenty One Capital, a significant player in the Bitcoin treasury market. This acquisition is part of Tether's strategy to expand its influence in lending and capital markets at this pivotal moment in the cryptocurrency landscape. The long-term implication is that Tether's control over a major Bitcoin treasury firm may accelerate Bitcoin's integration into mainstream finance and reshape investment strategies.
6 sources10h agoLow
- Business· UAE
UAE pipeline project bypassing Strait of Hormuz reaches 50% completion
The UAE has reported that its pipeline project designed to bypass the Strait of Hormuz is now nearly 50% complete. This development comes as construction has been accelerated due to the ongoing closure of the key waterway amid the conflict in Iran. Completion of the pipeline could enhance the UAE's energy security and reduce reliance on the Strait of Hormuz.
4 sources10h agoLow
- Economy· World
U.S. crude oil stockpiles decline by 7.9 million barrels amid rising exports
U.S. crude oil inventories have dropped by 7.9 million barrels, marking the largest weekly decrease on record. This significant decline is driven by soaring export activity that is outpacing domestic supply. The ongoing trend may lead to tighter supply conditions and potential price increases in the oil market.
3 sources10h agoModerate
- Business· World
U.S. Department of Justice indicts major shipping container manufacturers for price-fixing
Four major shipping container manufacturers and several executives have been indicted for allegedly colluding to inflate container prices during the COVID-19 pandemic. This indictment follows investigations into whether production cuts were implemented to exacerbate supply chain issues. The long-term implication may involve increased regulatory scrutiny and a push for more transparent pricing practices in the shipping industry.
3 sources10h agoLow
- Economy· World
U.S. dollar stabilizes near six-week high amid Iran war and rate hike expectations
The U.S. dollar has reached a six-week high as investors react to anticipated interest rate hikes and ongoing geopolitical tensions related to the Iran war. This situation is exacerbated by inflation fears and a global bond selloff, impacting emerging-market currencies. In the long term, market participants will need to navigate the complexities of U.S. monetary policy and geopolitical risks as they influence global economic conditions.
3 sources10h agoModerate
- Business· World
JPMorgan Chase Faces High-Profile Workplace Lawsuit Impacting Reputation
JPMorgan Chase is currently involved in a significant workplace lawsuit initiated by former banker Chirayu Rana against executive director Lorna Hajdini, which has escalated into a public controversy. The lawsuit gained traction after Hajdini countersued, highlighting the internal conflicts that can affect the bank's reputation on Wall Street. The outcome of this case may set a precedent for workplace conduct and legal accountability within the financial sector.
3 sources10h agoLow
- Business· World
Executives Discuss Mergers and Acquisitions Trends in AI Sector
Tammy Kiely and Wally Cheng highlighted the evolving landscape of mergers and acquisitions in the artificial intelligence sector during a recent Bloomberg interview. The current surge in interest from private companies seeking acquisitions and the necessity for innovative financing strategies are driving this discussion. As the AI market expands, the emphasis on creative deal structures is likely to shape future transactions and partnerships in the industry.
3 sources10h agoLow
- Economy· World
U.S. Treasury yields decline amid inflation concerns and Middle East tensions
U.S. Treasury yields have fallen following a period of increases, reflecting investor anxiety over inflation and geopolitical instability. This shift is occurring now due to rising energy prices and ongoing conflicts in the Middle East, which have heightened market volatility. In the long term, continued inflation data and geopolitical developments will likely dictate market strategies and economic stability.
4 sources10h agoLow
- Business· World
Nvidia announces $80 billion share buyback following strong earnings report
Nvidia reported earnings of $1.87 per share and projected revenue of $91 billion for the upcoming quarter, surpassing market expectations. The immediate trigger for this announcement is the company's confidence in its growth driven by the booming AI sector. In the long term, this strategic buyback may enhance investor trust and attract further investment in the tech industry.
4 sources10h agoHigh
- Business· World
Anthropic projects $10.9 billion revenue for first profitable quarter
Anthropic has announced a forecasted revenue of $10.9 billion for the June quarter, marking its first operating profit. This surge is attributed to the rapid growth and competitive dynamics within the enterprise AI sector. The company's success may set a precedent for other AI startups, indicating a potential shift towards profitability in the industry.
4 sources10h agoModerate
- Business· World
Target Corp. reports strongest sales growth in over two years amid cautious outlook
Target Corp. has announced a 5.6% increase in comparable sales, marking its strongest growth since late 2021. This surge is attributed to a recovery in consumer interest, although the company remains cautious due to rising inflation and competition from rivals like Walmart and Costco. Moving forward, Target's ability to sustain this momentum will depend on its strategies to address economic pressures and competitive challenges.
3 sources10h agoLow
- Business· World
SpaceX files for IPO on Nasdaq targeting over $2 trillion valuation
SpaceX has officially filed for an initial public offering on Nasdaq, aiming for a valuation exceeding $2 trillion. This significant move is driven by Elon Musk's ambition to expand his business empire and tap into a total addressable market of $28.5 trillion. The IPO is expected to reshape investment opportunities in the space sector and could impact existing investors in Tesla as competition increases.
6 sources10h agoVery High
- Business· World
Major Investors Set to Profit from SpaceX IPO
Antonio Gracias and Darsana Capital Partners are positioned to gain billions from SpaceX's anticipated IPO. This financial shift is occurring as the company prepares for its public offering, attracting significant investor interest. The long-term implication suggests a transformative moment for the space industry, potentially influencing market dynamics and investor strategies.
3 sources10h agoLow
- Economy· World
China Commits to $17 Billion Annual Purchase of U.S. Agricultural Goods
China has committed to purchasing at least $17 billion worth of U.S. agricultural products annually through 2028. This agreement follows discussions between former President Trump and Chinese President Xi, aimed at improving trade relations amid fluctuating import levels. The long-term implication suggests a potential stabilization and growth in U.S.-China agricultural trade, contingent on adherence to the agreement's terms and broader geopolitical dynamics.
3 sources10h agoModerate
- Economy· World
Global bond market faces sell-off amid rising oil prices and geopolitical tensions
A significant sell-off in the global bond market has occurred, driven by rising oil prices and geopolitical instability. This situation has been highlighted by IMF Managing Director Kristalina Georgieva during her arrival at a G7 finance ministers meeting in Paris. The long-term implication may lead to coordinated actions from global financial leaders to stabilize economic conditions affected by these developments.
3 sources10h agoModerate
- Economy· World
G7 Finance Ministers Meet in Paris to Address Global Economic Challenges
G7 finance ministers convened in Paris to discuss the escalating inflation and bond market turmoil affecting the global economy. This meeting is prompted by inflationary pressures linked to the US war on Iran and a significant selloff in bond markets. The outcomes of these discussions are likely to shape international economic strategies and responses to ongoing geopolitical tensions.
3 sources10h agoLow
- Economy· World
China's economic growth weakens amid Iran crisis fallout
China's economy has shown significant signs of weakness, with industrial output and retail sales growth slowing markedly in April. This decline is primarily triggered by the ongoing crisis in Iran, which is adversely affecting consumer confidence and global economic conditions. The long-term implication may lead to further economic instability in China, potentially impacting global markets as the situation evolves.
3 sources10h agoLow