Is Penelope Cruz Madonna's new bestie?

The two were spotted dining out together at Mr. Chow last Friday in New York City with their respective love interests — Penelope with rumored fiance Javier Bardem and Madonna with model Jesus Luz.

Madge was said to be sipping on martinis while Penelope stuck to non-alcoholic beverages, further implying that the actress could be pregnant!

Pene and Madonna were also hanging out the next night at a dinner for Spanish director Pedro Almodovar!

We love this fierce BFF pairing, but we sincerely hope Her Madgesty isn't gunning for a role in an Almodovar film.

Stick to what you're GREAT at, 'bb!

[Image via Getty Images.]

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After pregnancy and engagement rumors, Penelope Cruz cemented any preconceived notions with a stunning ring on that special finger of commitment.

Penelope's bling was a stunning knuckle-sized sapphire surrounded by small diamonds. It was quite the statement to wear to the premiere of her film Broken Embraces in NYC on Sunday.

The actress would not talk about what the ring signified, but we know one thing for sure - Javier Bardem has great taste!

[Image via WENN.]

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This isn't gonna help those pesky pregnancy rumors!

According to the NY Daily News, Penelope Cruz and Javier Bardem are engaged!

The couple, who will not even cop to dating, are telling those closest to them the good news!

"They're telling friends they will get married," said a source close to the pair.

Some say that the wedding is to please Cruz's Catholic parents.

Publicists for both parties refused to comment.

You know what they say: no news is good news!

Congrats, kids!!!

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Further fueling our suspicions that Penelope Cruz is preggers, the Spanish actress was spotted in L.A. yesterday, sporting what appears to be a growing baby bump!

Pene and hunky actor Javier Bardem have been together quite some time now.

If she is having a baby, boy or girl, it's sure to be a stunner!

[Image via Fame Pictures.]

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Wall Street 2, starring Shia LaBeouf, Javier Bardem and Michael Douglas reprising his Oscar winning role of Gordon Gekko, is set to begin production in August.

And, now, we have plot details!

In the sequel, Gekko (Douglas) has served his prison sentence and is warning everyone about the fall of Wall Street. No one is listening to him so he devotes himself to mending his relationship with his estranged daughter.

Shia plays an ambitious, young Wall Street trader who is engaged to Gekko's daughter.

When Shia's mentor unexpectedly kills himself, he suspects that a hedge fund manager (Bardem) is responsible. Shia seeks revenge on Bardem's character and asks Gekko for help. Gekko agrees in return for help reconciling with his daughter.

The film spans from June 2008 to the federal bail out.

We hate to admit it, but this sounds really good…even relevant!

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Penelope Cruz's main squeeze and Vicky Cristina Barcelona co-star, Javier Bardem, was curiously absent from last week's Oscar ceremonies where Pene nabbed the award for Best Supporting Actress!

So why the no-show, Mr. Pene?

It turns out Bardem injured himself while working on a new film!

He "suffered a herniated disc" while shooting Biutiful and was under strict orders to stay in bed.

Poor guy!

Get well soon!

[Image via WENN.]

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The 2009 Spirit Awards nominations were announced Tuesday morning and a couple of our favorites made the list!

The awards show will be televised February 21st on IFC and are a great indicator of who may be receiving Academy Award noms.

And the Spirit Award nominees are….

For Best Feature:

- Ballast produced by Lance Hammer, Nina Parikh
- Frozen River produced by Chip Hourihan, Heather Rae
- Rachel Getting Married produced by Neda Armian, Jonathan Demme, Marc Platt
- Wendy and Lucy produced by Larry Fessenden, Neil Kopp, Anish Savjani
- The Wrestler produced by Darren Aronofsky, Scott Franklin

For Best Director:

- Ramin Bahrani for Chop Shop
- Jonathan Demme for Rachel Getting Married
- Lance Hammer for Ballast
- Courtney Hunt for Frozen River
- Thomas McCarthy for The Visitor

Best Female Lead:

- Summer Bishil, Towelhead
- Anne Hathaway, Rachel Getting Married
- Melissa Leo, Frozen River
- Tarra Riggs, Ballast
- Michelle Williams, Wendy and Lucy

Best Male Lead:

- Javier Bardem, Vicky Cristina Barcelona
- Richard Jenkins, The Visitor
- Sean Penn, Milk
- Jeremy Renner, The Hurt Locker
- Mickey Rourke, The Wrestler

Best Supporting Female:

- Penelope Cruz, Vicky Cristina Barcelona
- Rosemarie DeWitt, Rachel Getting Married
- Rosie Perez, The Take
- Misty Upham, Frozen River
- Debra Winger, Rachel Getting Married

Best Supporting Male:

- James Franco, Milk
- Anthony Mackie, The Hurt Locker
- Charlie McDermott, Frozen River
- JimMyron Ross, Ballast
- Haaz Sleiman, The Visitor

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Trouble in paradise?

Perfect pairing Penelope Cruz and Javier Bardem promised each other a year long break from work to concentrate just on being the beautiful couple that they are.

But it seems that Javi could not resist working and signed up for the latest film by Mexican director Alejandro Gonzalez Iñárritu. Production is currently happening in Barcelona, Spain.

Penny is reportedly not too happy about that. At all.

Looks like they might have different priorities!

And those priorities might end up clashing!

[Image via WENN.]

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Javier Bardem picks his nose, Tuesday in Madrid.

That's it.

We LOVE these kinds of pics!

If a celeb is photographed eating, puking, pissing, smoking weed or flashing their bits, we're interested!

[Image via Fame Pictures.]

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