Stephen Colbert announced "The Late Show" was cancelled three nights after revealing his summer mustache on air. Coincidence?

Jon Stewart pulled no punches Monday over CBS’s cancellation of Stephen Colbert’s late-night show. During Monday night’s broadcast of “The Daily Show,” Stewart’s first since Colbert on Thursday shared that “The Late Show” would not return beyond May 2026, the late-night veteran lambasted CBS for canceling the program.