I bought Cubase a little over a week ago, but was unable to get it to work correctly until tonight.
The audio would drop out even with only a single audio loop playing, even at the highest latency settings.
It turns out that Avast antivirus does not play nicely with Cubase, at least on my computer (Creation Station CS450v3).
I uninstalled Avast and have started using Windows Defender. So far, so good.