Prof G Markets: NVIDIA’s $1 Trillion Valuation, Pairs Trading, and Understanding Analyst Estimates

Scott delves into NVIDIA's astonishing rise to a $1 trillion valuation, highlighting its success amid the AI boom and contrasting it with Intel's struggles. He considers adopting a pairs trading strategy for better market navigation. The podcast also sheds light on the implications of IRS budget cuts on tax burdens, particularly impacting lower-income individuals. Finally, discussions on Wall Street earnings forecasts reveal the biases of analysts, while a look at Apple's upcoming product launch garners speculation on potential risks.