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Will Theresa May step aside?
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Arguments
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  Considerate: 80%  
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  Considerate: 87%  
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UK parliamentary politics is very different from US elections.
Twice in the last 10 years the UK PM has stood down without being defeated in an election, Blair and Cameron). A PM losing support and looking weak could very easily stand down and would even be expected to by many. The UK relies on legislative power far more than the US as the UK has a terribly weak executive (which isn't necessarily a bad thing) so the PM governs by majority consensus. At the moment May is trying to scrape that together with coalition talks with the DUP but even if she succeeds it's a slim lifeline to hold onto and she'll be very weak.
The reason I say not soon though is twofold.
Firstly, there are no major Conservatives ready to step in and take her place. Boris Johnson is viewed as a very divisive figure, especially after Brexit (he supported some arguments which were generally accepted afterwards as lies). Amber Rudd, the Home Secretary, actually did very badly in the recent elections and as a party you always want you PM in a safe seat. Other than that, who do they have? Gove? Hunt? I can't see it.
The other issue is Brexit. Although pandering to people who wanted to leave the EU, the Conservatives are linked to business and UK businesses widely support staying in the EU which is why despite allowing the referendum, Cameron and most Conservative MPs were Remainers. Regardless of what you think the final outcome of Brexit will be, it will involve a large economic and legislative readjustment which will have various winners and losers and the Conservatives run the two of angering a lot of the electorate and their own base when it kicks in. Far better for an ambitious MP to let May get tarred and feathered with the problems of Brexit and then mount a leadership challenge in 2019 or 2020.
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She now plays a huge role in he British government even bargaining to create a new government for the U.K. I don't believe that she will step aside mainly due to this and the latest elections.
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The tables turned during the campaign and she ended up weakening herself and her party on a failed gamble.
That she is negotiating to put together a majority is not a sign of strength, she had a majority a month ago and the norm is for the PM to be able to form a government without need for a coalition. She is having to bargain to hold onto power. I mean if you think despite this she will hold onto power then that's one thing, but I can't see any argument for presenting this as a positive for May.
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  Considerate: 80%  
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  Considerate: 75%  
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