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
8405 stories- Business· World
Hims & Hers Health reports mixed Q2 2026 earnings with revenue growth but profit decline
Hims & Hers Health announced its Q2 2026 earnings, exceeding revenue expectations while reporting a loss for the quarter. The company raised its annual revenue forecast due to strong sales but lowered its profit expectations, prompting a decline in its stock price. Investors will closely monitor the company's ability to balance revenue growth with profitability in the upcoming quarters.
3 sourcesAug 13
- Business· World
GameStop reconsiders $56 billion bid for eBay in favor of partnership approach
GameStop is evaluating the withdrawal of its $56 billion bid for eBay, opting instead to explore a potential partnership. This strategic shift comes as CEO Ryan Cohen reassesses the company's aggressive acquisition ambitions in light of current market conditions. The long-term implication may involve a more collaborative growth strategy that leverages GameStop's retail presence to enhance eBay's market position.
5 sourcesAug 13
- Economy· World
Singapore raises 2026 GDP growth forecast to 4.5%-5.5% driven by AI demand
Singapore has upgraded its GDP growth forecast for 2026 to a range of 4.5% to 5.5% due to a significant increase in artificial intelligence demand. This revision is prompted by stronger-than-expected global investment in AI, which is positively impacting trade and manufacturing despite ongoing geopolitical tensions. In the long term, the sustained growth in AI is likely to bolster Singapore's economy, provided external challenges remain manageable.
4 sourcesAug 13
- Business· World
Goldman Sachs Executives Named Suspects in Brazilian Fraud Investigation
Brazilian police have accused Goldman Sachs employees of fraud related to a tender offer for Oncoclínicas, a cancer treatment provider. This investigation is triggered by a shareholder dispute, highlighting ongoing concerns about corporate governance in Brazil. The long-term implication may involve increased regulatory scrutiny and diminished investor confidence in Brazilian markets.
3 sourcesAug 13
- Economy· World
Japanese yen trades near 160 per dollar as intervention effects diminish
The Japanese yen has fallen to around 160 per dollar, erasing half of its gains from recent US-Japan currency market interventions. This decline is occurring as traders test the yen's resilience amidst ongoing market pressures and fading intervention effects. If the yen continues to weaken, further intervention by US and Japanese authorities may be necessary to stabilize its value.
3 sourcesAug 13
- Business· World
AI technology reshapes retail dynamics amid data ownership concerns
AI-driven shopping is boosting retail sales but complicating customer data ownership for brands. This shift is occurring as retailers increasingly adopt AI to enhance customer engagement while grappling with the need for human interaction to maintain loyalty. The long-term implication is a hybrid retail model that balances AI efficiency with personalized service to foster customer relationships.
3 sourcesAug 13
- Economy· World
JPMorgan Raises S&P 500 Forecast to 8000 Points Amid AI Optimism
JPMorgan has increased its S&P 500 target to 8,000 points, reflecting a 3% upward revision. This adjustment is driven by strong corporate earnings and heightened investments in AI technology during a robust Q2 earnings season. The long-term implication suggests that sustained AI spending could bolster market resilience and influence future interest rate policies.
3 sourcesAug 13
- Business· World
Rocket Lab reports record Q2 2026 revenue but shares decline
Rocket Lab announced a record revenue of $234 million for Q2 2026, marking a 62% year-over-year increase. The immediate decline in share price by approximately 7% suggests investor caution despite strong financial performance, potentially influenced by broader market trends. Looking ahead, the company's ability to maintain investor confidence will be crucial as it navigates upcoming projects like the Neutron rocket and the Iridium deal.
5 sourcesAug 13
- Business· World
U.S. Department of Defense invests $400 million in Sunrise Energy Metals for scandium production
Sunrise Energy Metals has secured a $400 million loan commitment from the U.S. Department of Defense to enhance its scandium production. This investment is driven by the U.S. government's strategy to diversify supply chains and reduce reliance on China for critical materials. In the long term, this funding positions Sunrise Energy Metals as a key player in the rare earths market amid rising geopolitical tensions.
3 sourcesAug 13
- Business· World
Berkshire Hathaway's CEO Greg Abel Initiates Cash Deployment Strategy
Berkshire Hathaway has reached a record cash reserve of $397.4 billion, prompting new CEO Greg Abel to begin deploying these funds through increased share buybacks. This strategic shift comes as Abel seeks to leverage the company's financial strength to enhance shareholder value. In the long term, investors will be closely monitoring further investments and financial maneuvers from Berkshire Hathaway under Abel's leadership.
3 sourcesAug 13
- Economy· World
OPEC Reduces Oil-Demand Growth Forecast Amid Geopolitical Tensions
OPEC has cut its global oil-demand growth forecast while simultaneously increasing crude production due to restored Gulf supplies. This adjustment is triggered by ongoing disruptions in the Strait of Hormuz and stalled negotiations affecting oil supply. The long-term implication suggests continued volatility in the oil market, potentially impacting global pricing and supply dynamics.
3 sourcesAug 13
- Economy· World
Federal Reserve Considers Interest Rate Decisions Amid Inflation Data
The Federal Reserve is currently evaluating its approach to interest rates following recent inflation reports. This reassessment is prompted by the latest Consumer Price Index data, which suggests a more stable inflation environment. Long-term, the Fed's decisions will significantly influence market expectations and economic stability as it navigates upcoming inflation reports.
3 sourcesAug 13
- Business· World
JPMorgan Chase boosts S&P 500 forecast following $441 million AI infrastructure financing
JPMorgan Chase & Co. has raised its S&P 500 Index forecast and led a $441 million debt financing for AI infrastructure firm Global AI. This shift is driven by strong corporate earnings linked to increasing investments in artificial intelligence. The long-term implication suggests that sustained investment in AI will continue to enhance market growth and corporate profitability.
3 sourcesAug 13
- Economy· World
Oil prices surge above $85 amid U.S.-Iran tensions over Strait of Hormuz
Oil prices have risen significantly amid uncertainty regarding the reopening of the Strait of Hormuz. This surge is triggered by ongoing geopolitical tensions between the U.S. and Iran, raising fears of prolonged disruptions in oil supply. As the situation remains unresolved, the oil market is likely to remain volatile, with potential for further price increases if the Strait of Hormuz remains closed.
4 sourcesAug 13
- Economy· World
Gold prices stabilize at $4,400 following subdued US inflation report
Gold prices have steadied around $4,400 an ounce as traders adjust their expectations for Federal Reserve interest rate hikes after the release of the July Consumer Price Index data. The immediate trigger for this stabilization is the lower-than-expected inflation report, which has eased pressure on the Federal Reserve to raise interest rates. In the long term, this trend suggests that gold may continue to attract investors seeking safe-haven assets amidst ongoing economic uncertainty and upcoming economic indicators.
5 sourcesAug 13
- Business· World
Treasury Wine Estates reports 42% profit decline amid global alcohol consumption downturn
Treasury Wine Estates Ltd. has announced a 42% drop in its annual profit, primarily due to a global decline in alcohol consumption and supply chain issues in key markets like China and the US. This significant financial setback is occurring as the company faces ongoing challenges in its Americas business. Looking ahead, the effectiveness of Treasury Wine's supply chain improvements in the US will be crucial for its recovery and future performance in the global market.
3 sourcesAug 13
- Business· UAE
ADNOC Gas reports strong Q2 2026 earnings and major investments in gas expansion
ADNOC Gas has announced a net income of $665 million for Q2 2026 and approved significant investments in its Rich Gas Development project. This financial performance comes as the company recovers from recent operational disruptions due to security incidents in the region. Looking ahead, ADNOC Gas aims for a 60% EBITDA growth by 2030, positioning itself for substantial expansion in the energy sector.
4 sourcesAug 13
- Business· World
Revolut secures full banking license in France for EU expansion
Revolut has obtained a full banking license in France, establishing its second banking hub in the European Union. This development is driven by the company's strategy to expand its banking products and services to over 30 million customers in Western Europe. The long-term implication is that Revolut is positioned to enhance its influence in the European banking sector and may seek further regulatory approvals in additional markets.
4 sourcesAug 13
- Business· World
Thames Water Faces Backlash Over £1 Million Signing-On Fee Amid Financial Crisis
Thames Water has controversially awarded a £1 million signing-on fee to its finance chief despite being on the brink of administration. This decision has triggered widespread criticism from government officials and campaign groups, highlighting concerns over executive compensation in struggling utility companies. The long-term implication may lead to increased scrutiny and potential regulatory reforms in corporate governance within the utility sector.
3 sourcesAug 13
- Business· World
UK energy supplier warns of electricity shortages during solar eclipse
Great Britain's largest energy supplier has issued a warning for households to reduce electricity usage during an upcoming solar eclipse. The eclipse is expected to block up to 95% of sunlight, coinciding with high electricity demand due to a summer heatwave. This situation underscores the challenges of balancing renewable energy generation with consumer demand during extreme weather events.
3 sourcesAug 13