AceShowbiz - Gwyneth Paltrow, aged 53, made a striking appearance on the red carpet at the Oscars 2026 held at the Dolby Theatre in Hollywood on Sunday night. The actress joined fellow stars like Jessie Buckley and Rose Byrne, showcasing a daring fashion choice that nearly resulted in a wardrobe malfunction.

Gwyneth Paltrow wore a strapless ivory silk gown designed by Giorgio Armani Privé. The gown featured bold sheer slits on both sides, paired with hidden sheer trousers underneath, creating a dramatic and revealing silhouette. During her hurried walk through the venue, a clip shared on X captured her lifting the long hem of her dress, unintentionally exposing more than intended.

The 98th Academy Awards ceremony was broadcast on ABC and streamed via Hulu on March 15, with Conan O'Brien returning as host for his second consecutive year. The event was filled with memorable moments, including notable wins and star-studded reunions.

Accessorizing her look, Paltrow complemented the gown with elegant pieces from Tiffany and Co., including a necklace, rings, and earrings. Later in the evening, she took on a formal role by presenting the inaugural award for Best Casting, which was awarded to Cassandra Kulukundis, longtime collaborator of Paul Thomas Anderson, for the film One Battle After Another.

Meanwhile, the film Marty Supreme, starring Gwyneth Paltrow alongside Timothée Chalamet, did not secure any wins despite receiving nine Oscar nominations. Chalamet was nominated for Best Actor but lost to Michael B. Jordan, who earned his first Oscar for his dual role as twins Smoke and Stack in Sinners.

Michael B. Jordan made history as the sixth Black man to win the Academy Award for Best Actor. During his acceptance speech, he acknowledged previous Black Oscar winners such as Sidney Poitier, Denzel Washington, Jamie Foxx, Forest Whitaker, Will Smith, and Halle Berry.

Timothée Chalamet attended the ceremony with his girlfriend Kylie Jenner. Although he arrived solo and did not walk the red carpet with her, the couple was seen sitting together during the event. Behind-the-scenes clips showed them interacting quietly off-stage.

However, lipreader Nicola Hickling suggested there was some tension between the pair. According to her observations, Kylie Jenner reportedly told Chalamet he was “being a child” and also asked actress Elle Fanning if Timothée seemed “cold” during the ceremony.

The Oscars night also featured unexpected reunions of famous casts, including the Bridesmaids ensemble with Melissa McCarthy, Rose Byrne, Kristen Wiig, Maya Rudolph, and Ellie Kemper. The Avengers stars Robert Downey Jr. and Chris Evans reunited on stage, as did Ewan McGregor and Nicole Kidman from Moulin Rouge.

A surprise cameo came from fashion icon Anna Wintour, who co-presented awards alongside Anne Hathaway as a nod to the upcoming Devil Wears Prada sequel.