So only the audio waveform display malfunction.
Mellotron V, CMI V and Synclavier V all have audio waveform displays. You can check and see if they work. Can't rule out Emulator II V work different though.
Afaik, then Intel HD graphics 3000 are'nt officially supported on Windows 10. I can't rule out this can cause issues.
Also i'm not sure how stable Ableton is with VST3 yet. I can suggest you try to use the VST2 version and see if there is a difference. You should have both versions.
I don't use Ableton Live.
You can allways try to first uninstall Emulator, then to be sure close your PC - start it again and install Emulator again. Not because you have done something wrong reinstalling, but sometimes strange things can make a difference on a computer.
If nothing work, then i suggest you contact Arturia support though your account. I'm a user like you.
FYI: I don't have this issue using Windows 10 and Intel HD Graphics 4000 no matter i use VST2 or VST3.