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- Crypto· World
Michael Saylor hints at potential Bitcoin purchase amid significant losses at Strategy Inc.
Michael Saylor has indicated a possible Bitcoin purchase after a five-week hiatus while denying rumors of a new $5 billion sale approval. This moment is driven by Strategy Inc.'s recent $8.22 billion loss in Q2 2026, prompting a need to stabilize investor confidence. The long-term implication may involve a strategic pivot towards increasing Bitcoin holdings, potentially influencing market dynamics positively.
3 sourcesAug 3
- Business· World
Apnimed Inc. raises $192 million in successful IPO for sleep apnea treatment
Apnimed Inc. has successfully raised $192 million through its initial public offering, pricing shares at $16 each. This event is occurring as the company anticipates FDA approval for its sleep apnea pill in early 2027, indicating strong investor confidence. The funds raised will enable Apnimed to advance its clinical trials and navigate regulatory challenges, positioning it for a potential market entry soon.
4 sourcesAug 3
- Business· World
South Korean chipmakers SK Hynix and Samsung Electronics see over 20% stock price surge
SK Hynix and Samsung Electronics experienced a significant rebound in their stock prices, surging over 20% following a three-day sell-off. This rally was triggered by a broader recovery in U.S. technology stocks after strong earnings reports. The long-term implication suggests a potential positive trend for the tech sector in South Korea as investor confidence returns.
3 sourcesAug 3
- Economy· World
Bank of Japan maintains interest rates amid rising inflation concerns
The Bank of Japan has decided to keep its benchmark interest rate steady at 1%, reflecting a cautious approach to economic conditions. This decision comes as the central bank expresses concerns that inflation may exceed its target, despite upgrading its economic growth forecast. In the long term, the BOJ's policy adjustments will likely depend on ongoing inflation trends and overall economic performance.
4 sourcesAug 3
- Business· World
Sony reports 40% increase in Q1 operating profit and raises annual forecast
Sony's operating profit for the first quarter surged by 40% year-over-year, reaching approximately $2.92 billion. This significant growth is attributed to strong performances in its music and image-sensor businesses, prompting the company to revise its annual profit forecast upward by 8%. Looking ahead, Sony's diversified strategy positions it for continued growth despite challenges in its gaming division.
4 sourcesAug 3
- Business· World
Meta Platforms reports strong sales growth but faces significant losses in Reality Labs
Meta Platforms has reported a 28% year-over-year increase in sales, reaching $60.8 billion in Q2 2026. This growth is overshadowed by a $4.6 billion loss in its Reality Labs division, prompting a 9% drop in stock value. The company's future will hinge on its ability to convert its heavy investments in AI and augmented reality into profitable outcomes.
4 sourcesAug 3
- Business· UAE
ADNOC to Shift Crude Oil Pricing to Platts Dubai Benchmark Starting November 1
ADNOC has announced a change in its crude oil pricing strategy to align with the Platts Dubai benchmark, effective November 1. This decision is driven by the need to adapt to current market volatility and enhance pricing transparency. The long-term implication may lead to a shift in pricing strategies among other oil-producing nations in the region.
4 sourcesAug 3
- Economy· World
Federal Reserve faces dissent over interest rate decision amid inflation concerns
Three members of the Federal Reserve have publicly opposed the decision to maintain current interest rates, advocating for an increase to combat persistent inflation. This dissent arises as inflationary pressures continue to challenge the effectiveness of the Fed's monetary policy. In the long term, this may lead to increased scrutiny and potential adjustments in interest rates to ensure economic stability.
3 sourcesAug 3
- Crypto· World
Tether reports $1.5 billion profit and expands reserves with gold and bitcoin
Tether has announced a significant operating profit of $1.5 billion for the second quarter of 2026 while increasing its reserves by adding 14 tons of gold and approximately 1,800 bitcoin. This development is driven by Tether's strategic efforts to enhance its asset-backed stability amid growing reliance on stablecoins in various markets. The long-term implication may involve increased regulatory scrutiny as Tether's market influence expands and stablecoins gain traction globally.
4 sourcesAug 3
- Business· World
Amazon's Cloud Sales Drive Nasdaq Composite Rise Amid Apple Stock Decline
The Nasdaq Composite index rose significantly due to Amazon's strong performance in cloud-computing sales, which countered declines in other major stocks like Apple. This positive shift in the stock market is occurring as investors regain confidence despite recent volatility. In the long term, market focus will likely shift to upcoming earnings reports from major tech companies to assess the sustainability of this momentum.
3 sourcesAug 3
- Economy· World
South Korea's July 2026 Exports Surpass Expectations Driven by AI Chip Demand
South Korea's exports in July 2026 exceeded forecasts, primarily due to strong demand for AI chips. This surge in exports is occurring now as the semiconductor industry remains a critical component of the economy, despite signs of moderating growth rates. Looking ahead, sustained demand for AI technology may present both opportunities and challenges for South Korea's export landscape in the semiconductor market.
3 sourcesAug 3
- Economy· World
Federal Reserve Chairman Considers Reducing Meeting Frequency
Federal Reserve Chairman Kevin Warsh is contemplating a reduction in the frequency of Federal Reserve policy meetings. This consideration arises amid strong corporate earnings and ongoing debates about the economic impacts of artificial intelligence. A decrease in meeting frequency could lead to increased market volatility and uncertainty regarding monetary policy decisions in the long term.
3 sourcesAug 3
- Economy· World
Federal Reserve Chairman proposes reducing meeting frequency amid market uncertainty
Federal Reserve Chairman Kevin Warsh has proposed to reduce the frequency of policy meetings from the traditional eight times a year. This proposal arises from ongoing market uncertainty and internal dissent regarding inflation and interest rates. The long-term implication may lead to increased market volatility as investors adjust to the Fed's new communication strategies and decision-making processes.
5 sourcesAug 3
- Business· World
Reddit's stock plunges over 20% despite strong earnings report
Reddit's stock fell more than 20% following its earnings report, marking its largest intraday drop since going public. This decline is attributed to investor skepticism regarding the company's future and the perceived value of its partnership with Google. In the long term, Reddit may need to reassess its strategic partnerships and focus on stabilizing investor confidence to maintain growth momentum.
3 sourcesAug 3
- Business· World
Novo Nordisk's Ziltivekimab heart drug fails late-stage trial causing $30 billion stock drop
Novo Nordisk's experimental heart drug Ziltivekimab failed to meet its primary endpoint in a late-stage trial, leading to a significant decline in its stock price. The immediate trigger for this downturn was the disappointing trial results, which raised investor concerns about the company's future beyond its weight-loss drugs. In the long term, Novo Nordisk will need to reassess its drug development strategy and regain investor confidence to recover from this setback.
4 sourcesAug 3
- Business· World
Banca Monte dei Paschi di Siena explores takeover of Banco BPM after merger talks collapse
Banca Monte dei Paschi di Siena is considering a takeover of Banco BPM following the failure of previous merger discussions. This move is prompted by the significant influence of Crédit Agricole, which holds a 29.3% stake in Banco BPM and emphasizes Italy's strategic importance. The outcome of these negotiations could reshape the Italian banking landscape, heavily influenced by regulatory responses and Crédit Agricole's strategic decisions.
3 sourcesAug 3
- Economy· World
US Treasury Signals Potential Intervention in Yen Market Amid Limited Resources
The US Treasury has alerted banks about a potential intervention in the yen market. This move comes as JPMorgan warns of the Treasury's limited capacity for such interventions, raising concerns about market confidence. Long-term, the financial community will closely monitor the Treasury's decisions, which could significantly impact global forex stability.
4 sourcesAug 3
- Business· World
AstraZeneca and Bristol Myers Squibb in $400 billion merger discussions
AstraZeneca is exploring a merger with Bristol Myers Squibb, potentially valued at $400 billion. This move is driven by AstraZeneca's strategy to enhance its market presence in the U.S. and create one of the largest pharmaceutical companies globally. If successful, the merger could significantly reshape the competitive landscape of the pharmaceutical industry and attract regulatory scrutiny.
4 sourcesAug 3
- Business· World
Sainsbury's sells Argos division to Swift Partners for £120 million
Sainsbury's has announced the sale of its Argos division to Swift Partners for £120 million. This strategic move is aimed at allowing Sainsbury's to concentrate on its core grocery operations at this time. In the long term, this divestment may enhance Sainsbury's focus on grocery offerings and impact its overall business performance.
4 sourcesAug 3
- Economy· World
Federal Reserve Chairman Kevin Warsh Faces Internal Dissent Over Interest Rate Policies
Kevin Warsh's recent meeting as Chairman of the Federal Reserve has revealed significant internal divisions regarding interest rate policies amidst fluctuating inflation data. This dissent is triggered by Warsh's comments, which have raised concerns among corporate leaders about the future direction of monetary policy. The long-term implication suggests that ongoing volatility in interest rates may impact economic decision-making and corporate strategies moving forward.
3 sourcesAug 3