Buffett-Backed! Japanese Trading House Stocks Soar — But Will It Last in the AI Era?
AI News Brief: Greg Abel, successor to tech-investing giant Warren Buffett, will travel to Japan next month to meet with leaders of the country’s major trading houses for the first time in his role as CEO of Berkshire Hathaway. The trip is seen as a major milestone in Berkshire’s longstanding relationship with Japan’s five biggest trading houses (Itochu, Marubeni, Mitsubishi Corporation, Mitsui & Co., and Sumitomo Corporation). Once mere trade intermediaries…