MSNBC via AP

MSNBC ranked number one in both total viewers and the 25-54 advertising demographic during primetime last week for the first time ever. Per Variety, Fox took the number three spot in the demo for the week (CNN took second) — its longest streak in last place in 17 years.

Why it matters: Turbulence at Fox coupled with chaos in the Trump Administration are hurting Fox's ratings, especially among younger viewers. MSNBC has been edging in on Fox's lead overall, due in large part to the 9 p.m. hour with Rachel Maddow. While MSNBC has seen notable gains over the past several weeks as White House scandals have escalated, their success is part of a broader trend. Fox ratings have been steadily decreasing over the last three months, while MSNBC's have been rising.

In response to a decline in ratings, ousted Fox News host Bill O'Reilly told Glenn Beck Friday, "Fox News has a problem ... and it doesn't look like FNC has a plan."

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Fund managers start to board the stock bandwagon

Illustration: Aïda Amer/Axios

Asset managers at major U.S. investment firms are starting to get bullish with their clients, encouraging stock buying and trying not to get left behind right as the metrics on tech stocks rise back to highs not seen since the dot-com crash of 2000.

What's happening: Appetite for stocks is starting to return, but slowly as institutional money managers were overwhelmingly sitting on the sidelines in cash during April and May.

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China bans Cruz and Rubio over Xinjiang criticism

Photos: Graeme Jennings/Pool/Getty Images; Al Drago/Pool/Getty Images

China said Monday that it will ban entry to Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) over their criticisms of human rights abuses in Xinjiang, the AP reports.

The big picture: The move seems to be retaliatory after the U.S. announced sanctions on four Chinese officials for human rights abuses against Uighur Muslims and other ethnic minorities in the region last week.

Roger Stone says he plans to campaign for Trump

Roger Stone appears yesterday outside his home in Fort Lauderdale. Photo: Johnny Louis/Getty Images

Roger Stone told Axios in a phone interview that he plans to write and speak for President Trump's re-election now that Stone "won't die in a squalid hellhole of corona-19 virus."

"I'm asthmatic," said Stone, 67. "Sending me to a prison where I could not be socially distanced ... would, I think, be a death sentence."