YIKES! FOX News Stock DOWNGRADED as Network Continues Struggling for Ratings Post-Tucker

It appears as though Tucker Carlson is getting the last laugh.

This week, FOX News stock was downgraded by Wells Fargo, something that would have been unthinkable just a few months ago. The network was already struggling to regain its footing in the ratings after taking Tucker off the air and now this.

It’s important to remember that this was entirely self-inflicted. They did not have to do this.

Breitbart News reports:

The Post-Tucker Blues: Fox News Stock Downgraded as Viewership Nosedives

Wells Fargo downgraded Fox Corporation stock on Monday as Fox News’s viewership continues to decline.

In May, ratings for the news outlet took a significant dive after host Tucker Carlson left the network, according to Breitbart News.

“During its 8 p.m. hour, the network has dropped from a three million viewer average to a 1.65 million viewer average since the departure of Tucker Carlson,” the article said.

Now, Wells Fargo has deemed the corporation Underweight, and Yahoo! Finance reported Monday that analyst Steve Cahall said there were “ecosystem risks” surrounding the news outlet.

“Fox’s earnings are mostly Fox News earnings, and Fox News is facing viewership and share pressures. With ecosystem risks also elevated we find our estimate outlook more negative and below the Street,” he told clients.

Newsmax took this opportunity to gloat about their growth:

Fox News saw a significant ratings decline after its termination of its number one rated host Tucker Carlson.

The network has yet to reveal why it had removed Carlson from his prime-time perch.

Meanwhile Newsmax has seen a significant ratings rise.

Newsmax’s total day rating rose 71% as Fox News declined 15% in the same period, according to Nielsen.

In the key prime-time hours, Newsmax saw its audience grow 126% as Fox’s audience fell 21%.

FOX NEWS STOCK DOWNGRADED: A major financial services company downgraded Fox Corporation stock, citing risks concerning news, earnings, and viewership. MORE: https://t.co/Q0NLTnTRCL pic.twitter.com/McSu24q0do

— NEWSMAX (@NEWSMAX) July 10, 2023

This is a truly stunning development. FOX News was at the top of cable news ratings for so long, they thought that Tucker needed them more than they needed him. It’s looking like they were wrong.

The post YIKES! FOX News Stock DOWNGRADED as Network Continues Struggling for Ratings Post-Tucker appeared first on The Gateway Pundit.

Democrats Starting to Panic Over Third Party Run of Far Left Candidate Cornel West

Despite attacks from Democrats and the media, far left academic Cornel West is still running for president and now the DNC is starting to panic.

They are already bringing up the campaign of Green Party candidate Jill Stein in 2016, which some Democrats blamed for Hillary’s loss.

It’s so strange. Democrats claim to care about ‘our democracy’ so what’s the problem with other candidates?

The Hill reports:

Democratic jitters grow over Cornel West’s third-party bid

Cornel West’s third-party presidential campaign is stirring up unpleasant flashbacks to 2016 for members of the Democratic Party, some of whom are starting to grow anxious about the effect it could have on President Biden’s reelection.

West, a philosopher, Ivy League academic and leftist, recently announced he is newly registered with the Green Party as he seeks to challenge Biden and the eventual Republican nominee for the White House.

Now, some prominent figures supporting Biden, from the head of the Democratic National Committee to veteran campaign hands, are already sounding the alarm about his quixotic White House run.

“This is not the time in order to experiment. This is not the time to play around on the margins,” warned DNC Chairman Jaime Harrison, a close Biden confidant, over the weekend.

Seven years ago, when Hillary Clinton lost to former President Donald Trump, many in her orbit blamed Green Party nominee Jill Stein as a factor that contributed to her defeat. Heading into 2024, Democrats worry West could emerge as a similar spoiler by earning just enough votes to fracture the coalition Biden needs to win.

In addition to this, Democrats are also flipping out about the possibility of a third party run by a No Labels candidate. Could it be Joe Manchin?

SCOOP: Joe Manchin is headed to New Hampshire on Monday with No Labels amid speculation of a third-party challenge to President Biden. He and Jon Huntsman will headline a No Labels event in Manchester: https://t.co/gj3pmQfYm0

— Emily Goodin (@Emilylgoodin) July 12, 2023

For all of their talk about ‘our democracy’ over the years, Democrats don’t seem very interested in democracy.

At the end of the day, all they really care about is holding onto power.

The post Democrats Starting to Panic Over Third Party Run of Far Left Candidate Cornel West appeared first on The Gateway Pundit.

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