UPDATE: A rep for Cruz and Bardem confirmed the birth, releasing a statement saying, "Penélope and Javier welcomed their first son into their family last week. Both parents and baby are doing great."
Felicitaciones -- there's a new beautiful Spaniard in the world.
Cruz gave birth in Hollywood's Cedar-Sinai Medical Center -- mother and child are said to be healthy, and seeking privacy.
A fun Google translation of the newspaper's story said:
The first child of Penelope Cruz and Javier Bardem was a child and came to earth on Saturday at Cedars-Sinai Medical Center in Beverly Hills, United States. The small, which has not transcended his name, came into the world and the joy and excitement of their parents and loved by both families,
Another note of excitement for the pair on Tuesday: Bardem was nominated for an Academy Award for his role in the Mexican drama, 'Biutiful.'
Perhaps if the couple decides to send the child into show business, he will perform like Bardem did as a four year old on Spanish TV: