In a heart-stopping twist that left viewers reeling, The Bold and the Beautiful delivered an emotional gut punch that will reverberate through the Forester-Finnegan family for months to come.

Thursday’s episode begins in surreal calm, a deceptive quiet before the storm. The tragic news: Hayes is dead. The revelation shatters every sense of normalcy,

plunging the family into grief so profound it almost feels physical.

The episode opens with Steffy Forrester, usually poised and radiant, transformed into a portrait of despair. The European sunlight that once bathed her in warmth now casts a harsh light on her pale, trembling features. Her hands shake as she dials Finn’s number, desperate for help, for reassurance, for anything to make the horror she’s facing feel less real. On the other end, Finn is oblivious, distracted by work, family matters, and the ebb and flow of daily life—completely unaware that his world is about to collapse.

Steffy’s voice cracks under the weight of her news: there’s been an accident. Finn’s breath catches. The words “accident” echo in his mind. Is Hayes okay? Is he in surgery? Is he hurt? The answer comes like a blow: Hayes is gone. Finn is frozen in disbelief. The words feel impossible to grasp. The world narrows to this singular, devastating fact—his son, his baby boy, is dead.

Through broken sobs, Steffy recounts the accident. Hayes, innocent and unaware of danger, chased a balloon or a bird across the street—a simple, playful act that ended in tragedy. The car struck him with violent finality, and despite Steffy’s frantic efforts, the child was lost before help could arrive. The scene is raw, heart-wrenching, almost unbearable to watch. Steffy clings to Hayes until the hospital, witnessing the devastating moment the machines stop. Finn, thousands of miles away, is rendered helpless by distance, grief gnawing at him.

Within hours, Finn books a nonstop flight, determined to be by Steffy’s side, to face the unthinkable reality of his son’s death. The reunion at the hospital is a scene of unmatched sorrow: Steffy collapses into Finn’s arms, their cries merging into a heart-wrenching chorus of parental anguish. The sterile hospital room becomes a stage for unimaginable grief, as father and mother grapple with a loss no family should endure. Finn whispers apologies, prayers, and declarations of love to a child who will never respond, each word weighted with hopelessness.

Back in Los Angeles, the news of Hayes’s death sends shockwaves through the Forester and Spencer families. Rich collapses in disbelief, Brooke clutches her chest, and Thomas is left dumbstruck, unable to process the devastation. Hope seeks comfort in Liam’s embrace, while Taylor’s tears flow uncontrollably upon seeing Steffy. Eric, ever the patriarch, shuts down the estate, understanding that grief cannot be paused for meetings or social obligations. Hayes’s death dominates every thought, every conversation, leaving an indelible mark on the entire family.

The memorial is intimate, gut-wrenching, and suffused with sorrow. A small white casket, flowers, photos, and videos celebrate Hayes’s brief life—his love of dinosaurs, his laughter, his penchant for pancakes. Finn and Steffy’s pain is palpable, their voices breaking as they share memories that will now never be made again. They apologize endlessly to their child, haunted by the “what ifs” and “if onlys” that define such unspeakable tragedy.

In the days following, grief deepens rather than fades. The nursery becomes a shrine, every toy, every tiny shoe, a painful reminder of a life cut short. Steffy obsesses over videos of Hayes, reliving the accident endlessly, while Finn isolates himself, buried in guilt and sorrow. Their pain creates a bond, but also a chasm: separate rooms for sleeping, yet shared moments of crying, screaming, and breaking in each other’s arms. Even the well-meaning gestures of friends and family—letters from Hope, visits from Wyatt, condolences from Bill—cannot fill the void left by Hayes’s absence.

As the episode progresses, the show pivots to another layer of drama: Luna’s mysterious arc. Her supposed death, a tragic accident or disappearance, has left the Spencer family in turmoil. Lee and Poppy are consumed by guilt and blame, their fragile bonds threatened by grief and suspicion. Deacon senses something is amiss, while Sheila, ever the opportunist, watches with interest, though even she is caught off guard by the ripple effects of Luna’s disappearance.

Hints of Luna’s possible survival begin to surface: cryptic messages, rumored sightings, a mysterious woman at a Spencer party with sunglasses and a wig, and a hidden pregnancy test purchased from a family medical account. Each clue raises more questions than answers. Did Luna fake her death? If so, why? Who is the father of her child? The intrigue is layered, pulling in nearly every major player—from the Spencers to those caught in Sheila Carter’s orbit. Suspense builds as Luna appears to manipulate the narrative, testing reactions, and measuring the loyalties and fears of those around her.

Lee becomes obsessive, rifling through Luna’s belongings, discovering a second phone hidden in a purse lining. Poppy grows increasingly withdrawn, clearly hiding something. Deacon begins connecting dots: anonymous calls, strange objects, and possible sightings. The evidence points to one conclusion—Luna is orchestrating a long game. Her disappearance wasn’t a moment of desperation; it was a calculated act of strategy, designed to reclaim control, expose betrayals, and protect the life she carries from being drawn into past chaos.

As the episode closes, the tension is palpable. Luna’s return promises reckoning, not reconciliation. The pregnancy, the secrets, the betrayals—all are poised to explode in a storyline that could reshape the landscape of Los Angeles forever. The Bold and the Beautiful proves yet again that no one is safe, no story is sacred, and no family, however powerful, is immune to the ruthless hand of fate.

Thursday’s episode, September 4, 2025, was a masterclass in dramatic storytelling: heartbreak, mystery, and tension intertwined to create an unforgettable installment. From Hayes’s devastating death to Luna’s enigmatic maneuvers, viewers are left teetering on the edge of suspense, desperate for answers, and emotionally tethered to characters who are navigating unimaginable loss. The Bold and the Beautiful reminds us, once more, that in the world of Los Angeles elite, love, grief, and betrayal exist side by side—and no one truly knows what tomorrow will bring.