In a bold and unapologetic monologue on Monday's episode of "The Late Show with Stephen Colbert," the late-night host fired back at President Trump's scornful comments regarding the show's cancellation.

President Trump recently celebrated the abrupt decision by CBS to axe "The Late Show," declaring on his Truth Social platform, "I absolutely love that Colbert got fired. His talent was even less than his ratings." Colbert took this as a cue to unleash his signature sarcasm, retorting, "How dare you, sir? Would an untalented man be able to compose the following satirical witticism?"

With an outrageous flair, Colbert mimicked a New Yorker, looking directly into the camera and delivering a bleeped-out expletive that electrified the audience: "Go f*** yourself!" The crowd erupted with laughter and applause, chanting his name in a fervor.

During his monologue, Colbert also addressed Trump's suggestion that Jimmy Kimmel might be next on the chopping block, asserting, "Nope, no, no. Absolutely not. Kimmel, I am the martyr. There’s only room for one on this cross!" The humor didn’t stop there; he quipped about cancel culture run amok, humorously stating, "CBS execs made one mistake: They left me alive!"

Despite his sharp jabs at Trump, Colbert acknowledged the network, praising CBS as "great partners" while questioning the reasoning behind their decision given that "The Late Show" consistently sits at the top of the ratings.

On social media, a preview of Colbert’s monologue teased a cheeky remark: "Sticks and stones may break our bones, but presidential turds can never hurt us." Outside the Ed Sullivan Theater, a gathering of about 100 protesters rallied with chants of "Trump must go, Colbert must stay," showcasing the public’s support.

The cancellation comes as a shock following Colbert's touching tribute during the July 17 taping, where he expressed his gratitude towards viewers and his team while lamenting the end of an era.

The decision by CBS is seen as purely financial, a reflection of the shifting dynamics in late-night programming. Critics, including Senator Elizabeth Warren, have speculated whether the cancellation was influenced by the network’s recent settlement with Trump, valued at $16 million, raising concerns over political motivations in the decision.

In sharp contrast, Colbert promised fans that he intends to make the most of the next ten months, declaring, "The gloves are off!" As the late-night landscape shifts, all eyes will be on Colbert and his quest to leave a lasting legacy.