this is "nightline." >> tonight, breaking down the big moments at the oscars. "everything everywhere all at once" winning just about everything. >> dreams do come true. >> the historic first from tollywood's breakthrough and the resurgence of talent. >> this year's oscars was defined by hope and joy and the comeback story. >> and is the oscars so white era finally over? plus, banking jitters. the collapse of two banks in three days, fueling fears and panic. >> yes, i am in an airport bathroom at 6:30 a.m., crying >> customers swarming silicon

valley bank branches. could there be a domino effect? and christina richie from wednesday and "the adams family". >> how do i look? >> disturbing. >> to misty on "coelho jacket."" >> the only thing you should ever say to police is "i want my lawyer." that's why i put it on the cookie. >> one of the hottest shows on the small screen. your characters are the opposite of predictable. >> it's more fun. it's just more fun that way. >> her special bond with her co-stars, like juliette lewis. >> we've been through so much together that we're actually all pretty close. >> and the secret she hid from the crew. plus, taylor swift. ♪ ♪ when i walk in the room, i can still make ♪ >> how the bejewelled singer is making the city of glendale, arizona shimmer, and how they are paying homage. >> "nightline" will be right back. what's the #1 retinol brand used most by dermatologists? it's neutrogena® rapid wrinkle repair®

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the indie hit "everything everywhere all at once" dominating last night's 95th academy awards, winning best picture and six other categories. >> mom, i just won an oscar! >> reporter: it was hollywood's biggest night, a celebration of film at its finest, with notable historic moments of visibility. ♪ has to win, pride of every indian ♪ >> reporter: the ceremony itself relatively drama-free after last year's shocking slap. >> if anyone in this theater commits an act of violence at any point during this show, you will be awarded the oscar for best actor. >> this year's oscars was really about moving on from the slap and focusing instead on these really emotional and heart-wrenching speeches from the winners, many of whom were celebrating these amazing comeback stories. >> reporter: "everything

everywhere all at once," a mind-boggling multiverse comedy, captivating audiences with its unique visual style and storytelling. the film nabbing three of the top four acting awards, the most prestigious going to michelle yeoh, who became the first asian woman to win best actress. >> and ladies, don't let anybody tell you are ever past your prime. never give up. >> something that struck me is that halle berry was the one to give michelle yeoh her oscar. halle berry more than two decades ago became the first black woman to win for best actress for "monsters ball." it was really beautiful to see her hand over that statue to michelle yeoh. >> reporter: throughout her decades' long run on the silver screen, the 60-year-old malaysian star breaking barriers, first in action films like "tomorrow never dies" and "crouching tiger, hidden dragon." >> i know you're not what nick needs.

>> reporter: but her role as family matriarch in the 2018 "crazy rich asians" sealed her return. >> you will never be enough. >> reporter: my colleague chris connelly speaking with the daniels, scheinert and quan, the directors behind this year's best picture. >> michelle, she has been in this industry for a very long time. and because of that, she's had to be guarded, and she's even told us that, being an asian woman in hollywood you, have to protect yourself. we didn't even find out until after we finished shooting the movie that this was the first time she was at the top of the call sheet in hollywood. >> reporter: the duo, who met working at a film summer camp, also grabbing best original screenplay and best director awards. yeoh's co-star ke huy quan also taking home a statue for best >> this is the american dream. >> reporter: it's an extraordinary and emotional comeback for the former child star, who came to america as a vietnamese refugee. he first broke into the industry as data in "the goonies".

>> hey, data, don't mess this one up. bring the flight. >> reporter: and short round in "indiana jon and of doom." quan and his co-star harrison ford sharing a moment on stage after "everything" won best picture. "everything" star jamie lee curtis taking best supporting actress. >> i know it looks like i'm up here standing by myself, but i am not. i am hundreds of people. >> reporter: it's been 45 years since the scream queen's breakout role in the cult film. >> it did solidify her near 50 years in this business. >> reporter: curtis beating out angela bassett, who many believed would get her first oscar for her role as queen ramanda in "black panther: wakanda forever." >> a lot of people were really

rooting for angela bassett. she didn't win, but she did make history as the first black actor to get a nomination from marvel. >> reporter: "black panther: wakanda forever" making more history last night. the visionary behind its eloratouarrde hond o sign, becing the first black woman ever to win two oscars. >> thank you to the academy for recognizing this super hero that is a black woman. >> ruth carter making history as the only black woman to ever win two oscars is significant. when you look at the number of black women who have ever been nominated, the number is minimal. and quite frankly, kind of abysmal. >> reporter: ahead of the big day, she sat down with abc news entertainment reporter kelley carter. >> i really feel that the first win, you know, was a sprinter who made it through to the finish line and took those deep breaths like i got it, i did it, whoo. the first time in some instances

could be a fluke or could be luck, if you want to call it that. the second time is true to form. >> this was really a mixed bag in terms of diversity. we have to note that there were a number of black women directed films that were completely excluded from this year's oscars. we have to note the fact there were no women directors nominated for this year's oscars. you know, there is a lot of room for improvement. >> reporter: still, it's been a big night for resurgent talent. all four top actors who have been in the industry for decades were first-time nominees. >> we saw a lot of veterans who probably should have been nominated in the past, and they're finally getting the credit that they deserve. and it seemed very overdue. >> reporter: brendan fraser honored for his performance as a reclusive english teacher in "the whale." >> i starteded in this business 30 years ago, and things -- they didn't come easily to me, but

there was a facility that i di't -- i didn't appreciate at the time until it stopped. >> reporter: former co-stars fraser and quan becoming the oscars' comeback kids. >> oh my god! we did it, we did it, we did it! wow! >> reporter: the two reunited after starring together in 1992's "encino man". >> and the computer club feels you're bl a valuable asset to our organization. >> there is a time in your career that the phone stops ringing, for whatever reason. in this case, something intensely creative came along for both of us. >> these awards shows have gotten very heavy and very dense. and what we saw last night was all about hope. it was all about joy. it was a lot of actors saying don't forget to always chase your dreams. don't give up. that was the theme of the night. and we turn now to a big development in financial news. bank stocks taking a dive,

shaking the industry after federal regulators took control of silicon valley bank and signature bank. their collapse within days of each other fueling a ripple effect and igniting fears among customers. how is the white house trying to calm the waters and restore confidence? here is abc's chief business correspondent rebecca jarvis. >> reporter: today bank customers from boston to new york to california swarming silicon valley bank branches after a frantic weekend. >> we have to meet payroll this afternoon. so that's why i'm here. >> reporter: federal regulators granting them access to their accounts. >> you can take all your money. >> reporter: it comes after the government seized the assets of two failing banks during a dizzying 72 hours. president biden today trying to reassure the american people. >> americans can have confidence that the banking system is safe. your deposits will be there when you need them. small businesses across the country that deposit accounts at these banks can breathe easier knowing they'll be able to pay

their workers and pay their bills. >> reporter: the treasury, fdic and federal reserve taking emergency steps to guarantee all deposits in silicon valley bank and signature bank are paid back in full. even those deposits over the federally insured amount of $250,000. all of it, the president says, will be paid for by the banks. >> no losses will be borne by the taxpayers. >> we're not bailing out banks. we're actually rescuing depositories in banks that made bad decisions over the course of the last year or so. >> reporter: today's deadline like tiffany dufu who was panicking over the deadline. >> i am in an airport bathroom at 6:00 a.m. crying. >> reporter: the founder of a career coaching start-up and mother of two had to tap personal savings to pay her ten employees. >> it was already intense trying to figure out how you're going to send your kids to college. >> reporter: tonight even after those emergency actions, tiffany tells us she'll feel safer as

soon as she moves her money to a bigger bank. >> i will be so relieved when our money is back and in that bank of america account, and i think that's who i will be sticking with. >> reporter: the government hopes today's emergency steps will boost confidence in the financial system and prevent a run on smaller banks, banks like first republic, which scrambled to reassure its customers it was stable, announcing the bank received additional funding. but that didn't stop some from withdrawing money today. >> took all my money out, unfortunately. i love first republic. don't want to. but nevertheless, it's scary. 3 >> reporter: small banks don't face the same stress tests that big banks do, even though some like svb have ballooned in size, more than quadrupling in four years from $49 billion to more than $200 billion last year. >> our thanks to rebecca. coming up, my one-on-one with the star of

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christina ricci won a generation of royal fans with her dark turn as wednesday in "the addams family" movies. she is back and a hit star in "yellowjackets." i spoke with her earlier about what she says her characters have in common. it's such a pleasure to have you today. >> oh, thank you. thank you so much. thank you for having me. >> reporter: you are starring in two of the coolest shows right now. not just "yellowjackets," but "wednesday." how are you juggling it all?

>> well, thankfully wednesday we shot last year, so that's been done for a little while. and "yellowjackets" we just finished a couple of weeks ago. >> nd season 2 is rolling out. >> yes. >> there is a lot going on. >> yes. >> you play misty in "yellowjackets." >> uh-huh. >> i want to set it up little bit. it's about a young women's soccer team that gets crash landed into the canadian wilderness. >> in 1996. >> right. it flashes back between two periods, right? >> we cut between what happens once the girls crash. then we see some of the survivors as adults. i am one of the survivors. all the survivors are now in their 40s and are sort of screwed up and still dealing with, you know, the trauma of having gone through this. you can see the effects, and they manifest in different ways for each character. >> let's take a quick look at the clip to set it up. >> talking to the cops isn't as easy as it looks on tv. clearly. >> what's that supposed to mean? >> seriously? it means you're a disaster.

>> i -- >> the only thing you should ever say to the police is "i want my lawyer." that's why i put it on the cookie. >> that's a lot of dark humor in it. >> yes. >> tell me about the character misty. she is definitely a little on the socially awkward side. >> yes. >> dealing with trauma, obviously. but in some ways, it really is sort of an exploration of her character. >> all the characters are so beautifully written and detailed and flawed and complex. and misty is really interesting because she seems to have started out with sort of a moral deficit, if you will. >> right. >> and as a child, we see her, and she is never allowed to be part of the group. she has no social currency. she is not cool. she is not really attractive. she is not funny. so she craves people and belonging, but she is always being shunned, and for good reason. she does some pretty horrible things. and by the time we get to her character at the age that i play her, she very much is used to the world never giving her what she wants. and say, i hadis.f learned how

it's very goer at times. you also famously played wednesday at the age of 10. >> how do i look? >> disturbing. >> i guess there is a bit of a trend between these case. how much of it is channeing some of your own quirkiness? >> i'm easily bored. so i feel like for me, what really draws me to a character is stuff that's new and i haven't seen before. and, you know, maybe exploring something -- exploring a character that might have been in the past easily dismissed or labeled. >> your characters are the opposite of predictable. >> it's more fun. it's just more fun that way. >> one of the cool things about "yellowjackets" is there is some '90s nostalgia. your co-star is juliette lewis. you were both sort of darlings of the '90s in many way, but you didn't cross paths a lot together. >> no, i didn't. i was obsessed with juliette lewis, though.

>> weren't we all. >> i remember being 15 and being our, whathete her 1995, a habits, yeah. >> and what's it like working with her now? >> it's super fun. we're all so bonded on this show, like all the older women. we spent so much time together, long hours. and we've been through so much together that we're actually all pretty close. >> that's amazing. and you were 9 when you first started acting. do you think hollywood has changed with regard to supporting young actors? and what's it like being on set watching another group of young actors make their way? >> i'm so impressed by our younger cast. they really -- they're so self-possessed and they're able to fight for things they want or say i'm not comfortable with this in a way that we were never able to. >> and congratulations. i read that you were actually pregnant during the filming of season 1. you kept it secret. >> yeah. >> but there were some grueling scenes you were living through. >> yeah, i was pregnant. i didn't tell anyone until i

started to show, of course, when i was six months' pregnant. it affected everything, even the way i walked in the first season. i came back to season 2, and i couldn't replicate the walk because i no longer had a human being inside of me forcing me to waddle. i was like oh, that's where that walk came from. >> what can we expect from christina ricci moving forward? >> i'm really excited for this season. i can't wait for people to see it, and see their reactions. i mean, tv is so funny because you spend so much of your time and put so much into it, and then it's not just one movie coming out. it's the span of ten weeks. >> right. >> you'll get to see audiences reactions and everything. i'm really looking forward to seeing how people like the season. >> i think the audiences want more, more, more of you. >> i hope so. >> thank you so much for joining us. >> thank you. >> appreciate it. >> of course. >> and "yellowjackets" season 2 is streaming and available on demand march 24th and airs on showtime march 26th. coming up, taylor swift. why glendale, arizona is honoring the bejewelled singer.

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and finally tonight, taylor swift kicks off her highly anticipated eras tour in glendale, arizona this weekend. the city announcing the unique way they're going to honor her. >> the city of glendale will be renamed swift city. >> it will be known as swift city on friday and saturday,

much to the delight of swifties everywhere. ♪ i just want to say, my lavender haze ♪ >> the lavender haze singer's tour announcement creating a frenzy, crashing the ticketmaster website in november. it's her first tour in five years. talking go viral, i just this love spiral ♪ >> and that's "nightline." you can watch all of our full episodes on hulu. we'll see you right back here same time tomorrow. thanks for staying up with us. good night, america.