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In this HTML tutorial by Nik from Alphixia, we learn about text formatting in the body tag. We cover bold, big, emphasized, italics, small, strong, subscript, superscript, inserted, and deleted text. The tutorial demonstrates each formatting type and the end result in a test page. By the end of the video, viewers have learned about all types of text formatting in HTML. If you enjoyed the tutorial, please subscribe for more content.