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Today's video tutorial is about Conditional Formatting in Excel. The tutorial demonstrates how to use formulas in Conditional Formatting and conditionally format a range based on the value of another cell. By using this feature, you can highlight or adjust the font color of a row based on a specific cell value. The example used in the tutorial involves formatting rows based on the salary being greater than or equal to a specified value. The presenter shows two different versions of this formatting technique and emphasizes the use of Conditional Formatting to achieve this functionality in Excel.