Whenever I want to add a shadow or glow on a text or PNG it seems normal, but as soon as I move it, the colors of those effects seem to cover the screen. How could I fix this?

Google Drive for VEG file and video demo of issue. https://drive.google.com/drive/folders/1xQaV18dXA5s1fw8XdMFm2NeFqhgsjJJG?usp=sharing

Information:
Vegas Pro 18 (Build 527)
Ryzen 7 2700x
RX 5700XT (Drivers are up to date)

Windows 10 64x