Cruz lost South Carolina and its evangelicals to Trump. It is Trump that literally has the edge everywhere.
Cruz is finished. He's not going to win the nomination.
Very difficult to argue against this point; Cruz finished third in SC where there was a record turnout and it was three quarters Evangelical. IIRC, Cruz did not win a single county/area, and Cruz just one.
I agree that he's not going to win the nomination, but I think it's slightly premature to say he's finished. He'll certainly continue through Super Tuesday and will take stock from there. I'm a Trump guy and I hope Trump wins, but I don't want to get overconfident (although I feel very good at where Trump is now).