Naomi Watts has given birth to a healthy baby boy in Los Angeles!

The actress and partner Liev Schreiber are the proud new parents of Alexander Pete Schreiber, who was born at 3:59 p.m. today and weighed 8 lbs., 4 oz.

Insiders tell Life & Style Magazine that the happy family is now resting comfortably at a hospital near Naomi’s Brentwood, Calif. home.

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