To fix The following components are required to run this program error for Visual C++ Runtime or DirectX Runtime, you need to download them from here.

This happens even when the same programs or executable files have run on the same or other 64-bit Windows 11/10 PCs. The program or feature cannot start or run due to incompatibility with 64-bit ...

Programs don't always close correctly, files get corrupted, and soon enough Windows becomes sluggish and error-ridden. Give it a good restart and see if that changes things.

Microsoft officially blesses Parallels as a way to run Windows on M1, M2 Macs Parallels previously used Insider Program loophole to support Windows installs.