Although earning a higher percentage of votes than David Cameron did in 2015, May's Conservatives lost out in key seats to Labour, losing overall 12 seats with Labour gaining 29 - many of which were in London as well as Scotland where the SNP lost 21 seats, reducing their presence in Parliament to 35 seats.
She failed to express contrition for her gamble that spectacularly backfired, but newspaper headlines reflected the sense that she has been deeply wounded. "May stares into the abyss", wrote The Times, while Conservative-supporting The Sun tabloid said succinctly: "She's had her chips". May's office has said that the most senior Cabinet members - including Treasury chief Philip Hammond, Foreign Secretary Boris Johnson and Home Secretary Amber Rudd - will keep their jobs, but she is expected to shuffle the lower ranks of ministers.
The exit poll predicted the Conservatives will get 314 seats and the Labour Party 266, leaving both short of the 326 needed for a majority.
The move has been slammed as a "coalition of chaos" by Lib Dem leader Tim Farron, who condemned Mrs May for putting her "party before her country". Among the biggest issues for markets and the economy are whether Britain manages to get a deal to remain part of the European Union single market or, short of that, negotiate some privileged access to the bloc, the country's biggest trading partner.
KHALAF: Well, given the spectacular fiasco of the elections and the fact that Theresa May ran on a platform of a hard Brexit, I think one can assume that she no longer has a mandate for a hard Brexit.
The website has since been restored as Google revealed that the DUP were the most searched party online in the last 24 hours.
At a press conference today, DUP leader Arlene Foster was vague about a working relationship with May's Conservatives.
The DUP's opposition to same-sex marriage and abortion has also alarmed some in May's party, particularly Scottish Conservative leader Ruth Davidson, who is gay.
"If May resigns, the negotiations could be delayed by months due to the leadership contest, potentially new elections and even another process to design the UK's negotiation strategy", Citi said. "One of them is country, one of the others is LGBTI rights", she told the BBC. "I'm afraid we ran a pretty terrible campaign", she said.
Scottish National Party leader Nicola Sturgeon has argued that Scotland, where a majority voted to remain in the European Union a year ago, should have the right to hold an independence referendum at the end of the Brexit process.
She inherited a 17-seat majority in the Commons, but called the snap vote to take advantage of opinion polls putting her on course for a landslide.
Theresa May could potentially negotiate with the Democrat Unionist Party - the largest political party in Northern Ireland's Assembly.
"I can still be prime minister. She put her mark absolutely on this campaign", she said.
She's now attempting to form a government.