Black Screen with Perma Loading circle over mouse cursor

When I try to use game capture:
If the little eye icon is "on" and I tab over to my open game (valorant) then it will go to like 1 fps and the mouse cursor will show the loading icon over it permanently (while like doing the animation and flashing)
- If I turn the little eye icon "off" (so it has that line through it ) then there is no mouse cursor funny business and my fps will return to normal (the recording screen in obs will have been black the whole time with it both on or off)
If I do this same thing with elden ring I still get a black screen but nothing funny happening on screen with my cursor and the fps stays exactly the same or drops slightly.
If I instead try to use display capture everything works perfectly (except I don't want to be using display capture...) with no fps drops or anything weird happening with my mouse cursor.

I've tried every fix I can find online for the last hour. I don't know how to post logs but I'd be happy to attach them and even maybe attach a recording with my phone of what is going on etc. PLEASE HELP. Thank you.
 
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