Update: AP reports that a spokeswoman for Penelope Cruz confirmed Wednesday that the actress gave birth to a boy. She says, "both parents and baby are doing great." She provided no other details.
Spanish press is reporting that Penelope Cruz and Javier Bardem welcomed their new baby into the world. According to Spanish celebrity magazine Hola!, Cruz gave birth Saturday to a baby boy at Ceders Sinai in Beverly Hills, Calif. Other details about the couple's son have not been released.
It's been a good week for the family; Bardem was nominated Tuesday for an Academy Award for his role in "Biutiful."
The couple married last July.