Leonardo DiCaprio and Blake Lively shared a hug and a few laughs on Steven Spielberg and Kate Capshaw's yacht in Cannes today. Blake kicked off her trip to France last week with a soirée for Karl Lagerfeld and also took in Chanel's resort collection runway show on the Riviera. Leo, for his part, has been hanging out with his buddies and colleagues at the film festival in the wake of his split with longtime girlfriend Bar Refaeli. The actor was spotted with Blake at the Hotel du Cap on Friday night, sparking buzz that Leo may be striking up a new romance with Blake post-breakup. The pair got close again today, but they were joined by a group of friends including Steven, Kate, and Lukas Haas while on the water.