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
8425 stories- Business· World
HSBC reports 68% surge in second-quarter net profit and announces $1 billion share buyback
HSBC's second-quarter net profit increased by 68% to $7.69 billion, leading to the announcement of a $1 billion share buyback program. This significant financial performance is attributed to strong demand in wealth management and corporate banking, particularly in Asian markets. Looking ahead, HSBC's strategic focus on these sectors positions it for continued growth and capital return initiatives in the future.
5 sourcesAug 7
- Business· World
Disney sells 50% stake in A+E Global Media to Hearst for $1.2 billion
Disney has officially sold its 50% stake in A+E Global Media to Hearst for approximately $1.2 billion. This deal is triggered by Disney's strategic shift away from its partnership with Hearst, which has lasted over a decade. The long-term implication is that Hearst will likely explore new content strategies and partnerships, reshaping the competitive landscape of cable television.
4 sourcesAug 7
- Business· World
Attovia Therapeutics raises $289 million in successful US IPO
Attovia Therapeutics Inc. has raised $289 million in its initial public offering, pricing shares at $17 each. The IPO was upsized due to strong investor demand, indicating significant confidence in the biotech firm's potential to address immune system diseases. This successful funding positions Attovia to accelerate its drug development initiatives and expand its market presence in the biotech sector.
3 sourcesAug 7
- Business· World
Polymarket seeks $1 billion funding at over $20 billion valuation
Polymarket is in discussions to raise approximately $1 billion at a valuation exceeding $20 billion. This move is prompted by the platform's expanding trading activity amid increasing competition in the prediction market sector. The long-term implication is that securing this investment will be crucial for Polymarket to maintain its competitive edge and drive further innovation in the industry.
4 sourcesAug 7
- Business· World
AstraZeneca in talks to acquire Bristol Myers Squibb for $400 billion merger
AstraZeneca is exploring a merger with Bristol Myers Squibb, potentially valued at $400 billion. The discussions have emerged following significant market reactions to the news, with stock prices for both companies moving in opposite directions. If successful, this merger could reshape the competitive landscape of the pharmaceutical industry significantly.
3 sourcesAug 7
- Economy· World
Oil prices decline amid hopes for U.S.-Iran diplomatic agreement
Oil prices fell approximately 4% following renewed optimism for a potential agreement between the U.S. and Iran regarding the Strait of Hormuz. This shift is triggered by comments from U.S. Treasury Secretary Scott Bessent suggesting that a resolution could be reached imminently. Long-term, the outcome of these negotiations will significantly influence global energy supplies and pricing stability.
3 sourcesAug 7
- Business· World
Etsy announces layoffs of 220 employees amid revenue growth
Etsy is cutting about 220 jobs, or 12% of its workforce, primarily in product and engineering. This decision is part of a strategy to create 'flatter, faster teams' despite a reported 6% year-over-year increase in Q2 revenue. The long-term implication may position Etsy for improved operational efficiency in a competitive online marketplace.
3 sourcesAug 7
- Economy· World
European and Australian stock markets reach record highs amid US-Iran diplomatic optimism
European and Australian stock markets have achieved record highs following a reduction in tensions related to the US-Iran conflict. This surge is driven by investor optimism surrounding potential peace agreements and positive economic indicators from Australia. Long-term, continued diplomatic efforts between the US and Iran are likely to further influence global market trends and investor sentiment.
3 sourcesAug 7
- Economy· World
Federal Reserve Chairman Proposes Reduction in Policy Meetings
Kevin Warsh has proposed reducing the number of Federal Reserve policy meetings from eight to six annually. This change is aimed at refocusing the Fed's agenda on broader economic issues amidst investor confusion over inflation control. If implemented, this shift could significantly reshape the Fed's approach to economic policy and market dynamics in the coming years.
3 sourcesAug 7
- Business· World
Blackstone Proposes Major Debt Package for Anthropic's AI Chip Acquisition from Google
Blackstone has initiated discussions for a significant debt package to support Anthropic's acquisition of AI chips from Google. This financing effort is driven by the need to mitigate risks for Google while enabling Anthropic's growth in the competitive AI sector. The long-term implication is that this model of financing could reshape investment strategies and partnerships within the AI industry.
4 sourcesAug 7
- Business· World
Instacart reports strong Q2 earnings with revenue of $1.04 billion
Instacart's Q2 revenue increased by 14% year-over-year, surpassing Wall Street expectations. The company's positive financial performance and optimistic forecasts for Q3 have led to a significant rise in its stock price. This growth positions Instacart favorably in the competitive delivery market, indicating potential for continued expansion in the coming quarters.
3 sourcesAug 7
- Business· World
Airbnb Raises 2026 Revenue Forecast Amid Strong Travel Demand
Airbnb has increased its full-year revenue forecast for 2026 following a 17% year-over-year revenue growth in Q2, reaching $3.6 billion. This adjustment is driven by robust global travel demand, particularly influenced by events like the World Cup. The long-term implication suggests that Airbnb is well-positioned for sustained growth in the travel and hospitality sector as demand continues to rise.
5 sourcesAug 7
- Economy· World
Japan and US Conduct Joint Intervention to Support Yen Amid Market Concerns
Japan and the US have executed a historic joint intervention to stabilize the yen, which has recently faced significant pressure against the dollar. This intervention comes as the yen approaches the critical 155 per dollar mark, prompting heightened scrutiny from market analysts regarding its sustainability. Long-term implications may include further interventions if the yen fails to maintain its strength, impacting global market dynamics.
3 sourcesAug 7
- Economy· World
U.S. stock markets rise as oil prices fall amid mixed signals from U.S.-Iran negotiations
U.S. stock indices are experiencing gains while oil prices are declining due to conflicting reports regarding negotiations between the U.S. and Iran. The immediate cause of this market behavior stems from investor uncertainty surrounding the potential outcomes of these talks, particularly regarding oil control in the Strait of Hormuz. Long-term implications suggest that the resolution of these negotiations could lead to significant volatility in both stock and oil markets.
6 sourcesAug 7
- Business· World
BP and Glencore report record profits amid Iran war-driven oil price surge
BP's quarterly profits have more than doubled to over $5 billion due to rising fossil fuel prices linked to the ongoing war in Iran. This surge in profits is triggered by significant disruptions in oil supply chains caused by the conflict. As geopolitical tensions persist, energy companies are likely to face increased scrutiny and potential regulatory changes while continuing to capitalize on volatile market conditions.
3 sourcesAug 7
- Business· World
BP CEO urges UK government to prioritize domestic energy amid North Sea exit
BP has announced its decision to exit the North Sea after 60 years of operations while advocating for the utilization of UK energy resources. This shift is driven by the company's significant profit increase amid rising oil prices and a focus on capital discipline. The long-term implication may reshape the UK's energy landscape and influence future government policies on energy resources.
4 sourcesAug 7
- Economy· World
Canada's trade surplus reaches four-year high in June
Canada's trade surplus with the world expanded significantly in June, driven by a notable increase in exports. The immediate trigger for this shift was a weaker Canadian dollar, which enhanced the value of exports, particularly in gold shipments, despite declining oil prices. Long-term, this trend suggests that Canada may continue to experience robust export growth if global demand remains strong.
3 sourcesAug 7
- Business· World
SpaceX reports 92% revenue increase driven by Starlink and AI contracts
SpaceX's revenue surged to $7.8 billion in Q2 2026, exceeding Wall Street expectations. This growth is attributed to a doubling of Starlink subscribers and securing $14.1 billion in new AI contracts. The long-term implication is that SpaceX may leverage this financial performance for further expansion in the aerospace and technology sectors while addressing ongoing losses.
5 sourcesAug 7
- Business· World
Major oil companies report record profits amid Iran conflict
Major oil companies have reported over $90 billion in profits in the last three months due to the ongoing conflict in Iran disrupting energy markets. This surge in profits is occurring as the Strait of Hormuz remains closed, significantly affecting oil supply routes. The long-term implication is an increased scrutiny on corporate responsibility and potential regulatory changes targeting the oil industry's practices and environmental contributions.
6 sourcesAug 7
- Business· World
Paramount's $111 billion merger with Warner Bros. Discovery faces legal challenges
Paramount's merger with Warner Bros. Discovery is currently under legal scrutiny, with CEO David Ellison expressing confidence in its success despite opposition. The immediate cause of concern stems from allegations that the legal challenges are politically motivated rather than based on market competition. As the trial approaches in March 2027, the outcome could significantly impact the future of media mergers and acquisitions, with potential liabilities exceeding $1 billion for Paramount.
5 sourcesAug 7