This article below presents in detail how to create text effects in PowerPoint.
To create text effects, perform the following steps:
Step 1: Select the content you want to apply effects to -> go to the Format -> Quick Styles tab -> quickly choose a style for text effects:

- Quickly achieve text effects:

Step 2: Go to the Format tab -> click on the Text Fill icon -> choose the color for the text (if you want multiple colors, click on More Fill Color)

Step 3: Click on the Text Outline icon -> choose the color for the text outline:

Step 4: Click on the Text Effects icon -> choose effects for the text, for example, select shadow effects for text -> click on the Shadow icon -> choose the desired effect:

Step 5: Alternatively, you can choose from various other effects:

- The result after applying text effects:

Above is a detailed guide on how to create text effects in PowerPoint.
Wishing you all success!