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
Jersey Mike’s Subs Inc. raises $1 billion in IPO
Jersey Mike’s Subs Inc. has successfully completed a $1 billion initial public offering, pricing shares at $23 each. The IPO is driven by strategic cost reductions implemented by Blackstone, which has optimized the company's financial structure. This successful market entry positions Jersey Mike’s for future growth and expansion in the competitive fast-casual dining sector.
5 sourcesAug 1
- Business· World
Johnson & Johnson partners with Sail Biomedicines for strategic biomedicine expansion
Johnson & Johnson has entered into a strategic agreement with Sail Biomedicines, involving initial payments of $785 million and an acquisition option valued at $2.58 billion. This partnership is driven by J&J's goal to enhance its capabilities in the biomedicine sector at this critical moment of innovation in healthcare. The long-term implication is that this move could lead to significant advancements in biomedicine, potentially reshaping J&J's market offerings and competitive position.
3 sourcesAug 1
- Business· World
Qualcomm reports significant revenue and profit decline in Q3 earnings
Qualcomm has announced a 4% year-over-year decline in Q3 revenue, totaling $9.95 billion, alongside a 25% drop in net income. This downturn is primarily driven by rising memory chip prices affecting the smartphone market, leading to a sharp decline in after-hours trading. The long-term implication suggests that Qualcomm may face ongoing challenges in maintaining its relationships with major clients like Apple, potentially impacting future growth.
3 sourcesAug 1
- Business· World
Samsung reports record Q2 2026 financial results driven by AI demand
Samsung's Q2 2026 revenue rose 130% year-over-year to approximately $118.1 billion, with operating profit surging 1,814% to around $61.46 billion. This remarkable performance is attributed to a significant increase in demand for AI technologies, which has transformed Samsung's business model. Looking ahead, Samsung is poised to leverage its strong financial results to further invest in AI innovation and maintain its competitive edge in the market.
3 sourcesAug 1
- Business· World
Bristol Myers Squibb Raises Financial Outlook Following Revenue Growth
Bristol Myers Squibb has reported an increase in profit and revenue, leading to an upward revision of its annual financial outlook. This positive shift is attributed to the success of its newer treatment portfolio, which has alleviated previous concerns about revenue stability. In the long term, this performance may boost investor confidence and encourage further investments in innovative treatments.
3 sourcesAug 1
- Business· World
Elon Musk launches X Money to enhance financial transactions on social media platform X
X Money was officially launched on July 27, 2026, for U.S. Premium and Premium+ subscribers. The immediate trigger for this launch is the need to diversify X's offerings and compete with established peer-to-peer payment platforms like Venmo. Long-term, the introduction of X Money could reshape the competitive landscape of digital payment services and influence user engagement on the platform.
3 sourcesAug 1
- Economy· World
US dollar recovers as Federal Reserve maintains interest rates amid yen strength concerns
The US dollar has strengthened following the Federal Reserve's decision to keep interest rates unchanged. This decision, made in a split vote, has triggered a recovery in the dollar during Asian trading hours while raising speculation about potential intervention in the Japanese yen's rise. Long-term, market participants will closely monitor future Fed decisions and possible government actions regarding currency stability.
3 sourcesAug 1
- Business· World
Carvana's Stock Declines Despite Strong Q2 Sales Growth
Carvana Co. reported a nearly 40% increase in sales for Q2 2026 but saw its stock drop sharply due to a profit miss. This decline is attributed to mixed results from the earnings call, where strong sales figures were overshadowed by profitability concerns. The long-term implication is that investors will closely monitor Carvana's ability to sustain sales growth while addressing profitability challenges in a competitive used car market.
3 sourcesAug 1
- Business· World
Tim Cook warns of supply chain constraints impacting Apple's product sales
Tim Cook announced potential pricing headwinds due to supply chain issues during his last earnings call as CEO. The immediate trigger for this warning is the ongoing RAM shortage and rising memory prices affecting Apple's product lines. In the long term, Apple's growth may be hindered unless new leadership effectively addresses these supply chain challenges.
5 sourcesAug 1
- Economy· World
Bank of Japan maintains interest rates at 1% while signaling potential rate hikes
The Bank of Japan has decided to keep its interest rates steady at 1%, indicating a possible shift towards future rate hikes. This decision comes in response to rising inflation pressures, prompting investor concerns about the BoJ's credibility in managing inflation. Long-term, the BoJ's policy decisions are likely to shape market dynamics and investor confidence globally, particularly in the cryptocurrency sector.
3 sourcesAug 1
- Business· World
Situational Awareness hedge fund liquidates $16 billion amid AI market volatility
The Situational Awareness hedge fund has undergone a $16 billion liquidation due to significant losses from its leveraged investments in the AI sector. This event is triggered by a dramatic downturn in the AI market, which saw the fund's value drop approximately 67% in July. The long-term implication suggests a cautious optimism among investors regarding the potential recovery of AI investments following this liquidation.
5 sourcesAug 1
- Business· World
FTC Approves IonQ's $1.8 Billion Acquisition of SkyWater Technology
The Federal Trade Commission has cleared IonQ's acquisition of SkyWater Technology, allowing the deal to proceed without conditions. This decision follows a split among FTC members regarding the necessity of conditions for the acquisition. The merger is expected to enhance IonQ's capabilities in semiconductor manufacturing, potentially impacting future developments in quantum computing.
3 sourcesAug 1
- Economy· World
U.S. stock futures show mixed results as investors await Fed interest rate decision
U.S. stock futures displayed mixed performance following the Federal Reserve's decision to hold interest rates steady. This moment of uncertainty is triggered by the Fed's recent announcement and the mixed earnings reports from major companies like Microsoft. In the long term, investors will closely monitor upcoming economic indicators and corporate earnings to gauge market direction and stability.
4 sourcesAug 1
- Business· World
UK Introduces New Fees for AI Data Center Developers to Manage Electricity Demand
The UK energy regulator has proposed new fees for data center projects to secure energy connections amid a significant backlog of projects and rising electricity demand. This move is triggered by the current queue of 315 data centers representing a demand of 73GW, which far exceeds the UK's peak energy capacity of 45GW. Long-term, these fees may slow the growth of new data centers in the UK as developers reassess financial viability and the energy infrastructure must adapt to meet increasing demands.
4 sourcesAug 1
- Economy· World
Bank of England Holds Interest Rates Steady Amid Inflation Concerns Linked to Iran Conflict
The Bank of England has decided to maintain its interest rates at 3.75% due to rising inflation fears associated with the ongoing conflict in Iran. This decision comes as oil prices exceed $90 a barrel, contributing to economic uncertainty. In the long term, the Bank may need to reassess its monetary policy in response to developments in the Middle East and their impact on inflation.
3 sourcesAug 1
- Economy· World
Oil prices rise sharply amid escalating U.S.-Iran tensions
Oil prices surged as Brent crude surpassed $90 per barrel due to renewed hostilities between the U.S. and Iran. The immediate trigger for this increase was a series of airstrikes in the Middle East, raising concerns over potential supply disruptions. Analysts predict that ongoing geopolitical tensions will lead to continued volatility in oil prices and impact global energy markets.
6 sourcesAug 1
- Business· World
Film Producer Jason Cloth Indicted for $100 Million Ponzi Scheme
Jason Cloth, a prominent film producer, has been indicted for allegedly orchestrating a Ponzi scheme that defrauded investors of over $100 million. The indictment comes as allegations surfaced that Cloth misled investors about the use of their funds, diverting them for personal expenses. This case raises serious concerns about financial practices in the film industry and may lead to increased scrutiny of investor relations within Hollywood.
4 sourcesAug 1
- Business· World
U.S.-Iran conflict drives record profits for major oil companies
Major oil companies are reporting unprecedented earnings as oil prices soar due to the ongoing conflict between the U.S. and Iran. The closure of the Strait of Hormuz has disrupted oil shipments, leading to increased costs for consumers globally. This geopolitical tension is likely to keep energy markets volatile, impacting both corporate profits and consumer prices in the near future.
3 sourcesJul 31
- Business· UAE
Dubai RTA introduces new traffic lanes reducing journey times by 20%
Dubai's Roads and Transport Authority has added new traffic lanes on Ras Al Khor and Al Khail roads. This initiative is aimed at improving traffic flow and reducing congestion in the city at this critical moment of urban growth. Long-term, these enhancements are expected to significantly improve commuting efficiency and quality of life for residents in Dubai.
3 sourcesJul 31
- Business· MENA
Saudi Arabia localizes energy recovery device manufacturing for water desalination
Saudi Arabia has announced the localization of energy recovery device manufacturing for water desalination, establishing the first factory of its kind outside the United States. This initiative is driven by the need to enhance local production capabilities and reduce reliance on imports at this critical moment. Long-term, this move is expected to position Saudi Arabia as a regional hub for advanced water technology manufacturing, contributing significantly to the local economy and job creation.
3 sourcesJul 31