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· MENA
Korean investors face volatility as AI bubble bursts impacting major chipmaker stocks
The recent burst of the AI bubble has led to significant financial stress among Korean investors, particularly affecting stocks of major chipmakers Samsung and SK Hynix. This volatility has prompted a sharp rebound in their stock prices, indicating a turbulent market environment. As investors seek stability, there is a growing interest in cryptocurrency markets as an alternative investment avenue.
3 sourcesAug 2
- Economy· MENA
Saudi Arabia reports $9.14 billion budget deficit for Q2 2026
Saudi Arabia's budget deficit for the second quarter of 2026 was approximately $9.14 billion, reflecting a slight decrease from the previous year. This financial shift is attributed to a significant rise in government revenues, particularly from oil, which increased by 22% year-on-year. In the long term, the government is likely to continue focusing on enhancing revenue streams while managing expenditures to achieve a more sustainable fiscal position.
5 sourcesAug 2
- Business· World
Microsoft's stock rises 15.2% following strong quarterly earnings report
Microsoft's stock surged by 15.2% after the company reported its strongest quarterly earnings in four years, particularly driven by growth in its Azure cloud business. This significant increase is attributed to investor confidence in Microsoft's AI investments translating into higher revenue. In the long term, this performance is likely to sustain Microsoft's market influence and positively impact related sectors, especially semiconductors.
4 sourcesAug 2
- Business· World
Equinix plans $3 billion bond sale to enhance AI infrastructure
Equinix Inc. is seeking to raise at least $3 billion through a bond sale to support its AI infrastructure initiatives. This move is prompted by the rising demand for AI capabilities amid a challenging debt market. The long-term implication is that Equinix's proactive funding strategy may strengthen its competitive position in the data center market as AI infrastructure continues to grow.
3 sourcesAug 2
- Economy· World
Investor Skepticism Grows Over Federal Reserve Chairman Kevin Warsh's Inflation Strategy
Investors are expressing skepticism towards Federal Reserve Chairman Kevin Warsh's approach to inflation, leading to increased market volatility and pressure for interest rate adjustments. This backlash follows Warsh's recent Fed briefing, which was criticized for its lack of clarity in addressing inflation concerns. The long-term implication may require the Federal Reserve to enhance its communication strategies to restore investor confidence and stabilize the economy.
4 sourcesAug 2
- Business· World
Taco Bell recovers from cyclospora outbreak linked to shredded lettuce
Taco Bell is showing signs of recovery from a significant cyclospora outbreak that impacted its shredded lettuce. The immediate response involved Yum Brands emphasizing transparency and addressing food safety concerns, which has helped regain consumer trust. Long-term, this incident may influence how fast-food chains manage food safety crises in the future.
3 sourcesAug 2
- Business· World
Reddit Reports Strong Q2 Revenue but Shares Drop Due to AI Concerns
Reddit Inc. reported a second-quarter revenue of $805 million, exceeding Wall Street estimates by 10%. The stock fell over 10% in after-hours trading due to investor concerns about the absence of new AI deals and inconsistent search referrals. This situation highlights the need for Reddit to address its AI strategy to maintain investor confidence and future growth.
3 sourcesAug 2
- Business· World
Roblox reports slower revenue growth and declining user engagement
Roblox has announced a slowdown in revenue growth and a decline in bookings in its recent earnings report. This shift is attributed to the implementation of stricter child-safety controls that have disrupted user engagement, leading to a significant drop in stock price. In the long term, the company may face ongoing challenges in balancing user safety with financial performance, impacting investor confidence and market positioning.
3 sourcesAug 2
- Business· World
Amazon raises capital spending forecast following 37% increase in cloud sales
Amazon has announced an increase in its capital spending forecast due to a significant 37% rise in sales from its cloud division, Amazon Web Services. This surge in cloud sales is attributed to strong demand and ongoing investment in technology. The long-term implication suggests that Amazon is positioning itself to maintain a competitive edge in the technology sector through continued investment in cloud services.
3 sourcesAug 2
- Crypto· World
MicroStrategy reports $8.33 billion loss while increasing Bitcoin holdings by 11%
MicroStrategy announced an operating loss of $8.33 billion for Q2 2026, driven by a 27% decline in Bitcoin's value. The company raised $8.4 billion during the same period, reflecting its ongoing commitment to its cryptocurrency strategy. This aggressive accumulation of Bitcoin may position MicroStrategy for potential future gains if market conditions improve.
3 sourcesAug 2
- Economy· World
Bank of England warns of rising inflation risks due to energy prices
The Bank of England has issued warnings about potential long-term inflationary pressures in the UK economy driven by rising energy prices. This concern arises amidst ongoing geopolitical tensions that are affecting energy markets. In the long term, these inflationary risks may lead to significant shifts in monetary policy as the Bank of England responds to the economic challenges ahead.
3 sourcesAug 2
- Crypto· World
Coinbase reports 19% revenue decline in Q2 2026 amid weak cryptocurrency market
Coinbase's revenue fell 19% year-over-year to $1.22 billion in Q2 2026, missing analyst estimates and resulting in a wider-than-expected loss. This decline is attributed to ongoing challenges in the cryptocurrency market, which have led to decreased trading volumes and investor confidence. In the long term, Coinbase may need to adapt its strategies to navigate market volatility and regain investor trust.
3 sourcesAug 2
- Business· World
ICE acquires MarketAxess for $6 billion to enhance electronic fixed-income trading
Intercontinental Exchange (ICE) has announced its acquisition of MarketAxess for approximately $6 billion, marking a significant move in the electronic fixed-income trading sector. This deal, which includes a 33% premium, is expected to close in the first half of 2027 as part of ICE's strategy to expand its electronic trading capabilities. The acquisition is likely to reshape the competitive landscape of fixed-income trading, driving innovation and efficiency in the market.
4 sourcesAug 2
- Economy· World
Oil prices surge 20% amid escalating Middle Eastern conflicts
Oil prices are on track for a 20% monthly increase as global conflicts intensify. This surge is driven by fears of supply disruptions due to geopolitical tensions affecting key supply routes. As these tensions persist, the oil market is expected to remain volatile with potential for further price increases if conflicts escalate.
3 sourcesAug 2
- Economy· World
Japanese authorities intervene in currency market to support yen
Japan's intervention in the currency market has led to a 3.3% surge in the yen against the US dollar. This decisive action comes ahead of a critical policy decision by the Bank of Japan, reflecting heightened concerns over the yen's performance. The long-term implication may involve further measures by the Bank of Japan to stabilize the currency amidst ongoing market volatility.
5 sourcesAug 2
- Economy· World
U.S. dollar declines over 1% amid speculation of Japanese currency intervention
The U.S. dollar has weakened significantly against major currencies, particularly the yen, in the last 48 hours. This decline is triggered by mixed economic data from the U.S. and speculation regarding potential currency intervention by Japan. Long-term implications may include increased volatility in currency markets and a potential shift in investor behavior towards gold as a safe haven asset.
3 sourcesAug 2
- Economy· World
US Treasury intervenes to support Japanese yen through direct purchases
The US Treasury and the New York Fed have conducted direct purchases of the Japanese yen to stabilize its value amidst recent depreciation. This intervention is a coordinated effort with Japanese authorities, prompted by rising concerns over the yen's decline. Long-term implications may include a precedent for future international currency interventions to ensure market stability.
4 sourcesAug 2
- Business· World
Citadel intervenes to stabilize AI hedge fund amid market crisis
Citadel has stepped in to rescue the heavily leveraged AI hedge fund Situational Awareness, which was facing a crisis due to margin calls and asset sales. This intervention has sparked a relief rally in global AI stocks, providing temporary stability in a volatile market. However, ongoing concerns about the financial health of other hedge funds suggest that further instability may arise in the sector.
3 sourcesAug 2
- Business· World
Shell reports record Q2 profits amid rising oil prices and geopolitical tensions
Shell's Q2 profits surged to $9.8 billion, marking a 70% increase in half-year profits to $16.75 billion. This financial success is driven by high oil and gas prices resulting from the ongoing Middle East crisis. As a result, the company may face increased scrutiny and calls for regulatory actions such as windfall taxes to address the implications of its profits on consumers and the environment.
5 sourcesAug 2
- Business· World
UK defense firms Rolls-Royce and BAE Systems raise profit forecasts amid rising global defense spending
Rolls-Royce and BAE Systems have upgraded their earnings guidance due to increased government spending on defense. This shift is driven by escalating geopolitical tensions prompting nations to invest more in military capabilities. The long-term implication suggests sustained growth in the defense sector as demand for military hardware continues to rise.
3 sourcesAug 2