Death of Phyllis: 1 hour ago, Young And Restless Phyllis peacefully at his home. Big Sad News!

The episode opens with a chaotic blend of fear, suspicion, and emotional unraveling as multiple storylines collide across Los Angeles and Genoa City.

Nick, calling Victor from his hotel room in L.A., delivers unsettling news: Noah has checked himself out of the hospital against medical orders and dismissed his security detail. Even worse, Nick explains that Noah has been romantically involved with Sienna Beall, and if the two aren’t together now, it may mean Noah is in immediate danger. Victor immediately recognizes the severity of the situation and promises to loop in Michael Baldwin.

Nick drops an even bigger bomb: Matt Clark has resurfaced. The man who once terrorized their family is back, burning for revenge against Nick and Sharon, and he’s using Noah as leverage. Victor is stunned to hear that Matt is now living under the identity “Mitch.” When they revealed this to Noah earlier, he threw them out of his hospital room—and now he’s vanished. Nick also shares his suspicion that Detective Burroughs may be working for Matt. Victor assures him Baldwin will investigate both men.

Meanwhile at Society, Nikki encounters Lily and they share a tense conversation about Noah’s disappearance. Lily steps away to take a call from Maddie and admits she has recently been speaking with her father. He is trying to rebuild himself into the man she once admired, but the conversation ended on a complicated note—leaving her torn between hope and caution.

Elsewhere in Phyllis’ suite, passion erupts. Phyllis grabs Cane Ashby, pulls him close, and makes her desire unmistakable. Their flirtation quickly escalates as Cane strips off his shirt and the two slam into the door while wrestling their way toward the bed. What starts as slow-burn chemistry erupts into a fiery encounter.

After they sleep together, Phyllis jokes that a simmering spark finally turned into a full blaze. They laugh, flirt, and trade verbal jabs. Cane asks where they go from here, but Phyllis places the responsibility back on him. As they banter about their tangled past, Cane invites her into the shower. When she steps inside, it becomes clear that Cane’s mind is elsewhere. His face gives him away—he’s pretending.

With Phyllis occupied, Cane discreetly rummages through the room. He finds her laptop and tries to guess her password. Before he gets far, Phyllis calls out from the shower, wondering why he hasn’t joined her. She peeks out and silently catches him in the act, then slips back under the running water and casually warns him that the temperature is dropping. Cane quickly shuts the laptop and sighs, then goes to join her, aware he narrowly escaped being confronted.

Back at Society, Jack meets Nikki, and she vents her concerns about Kane. Jack worries Cane will slowly draw Lily back into his orbit. Across the room, Lily is on the phone trying to convince her daughter that her father isn’t all bad, but the attempt fails. Jack then shifts to his frustrations with Victor. He wonders whether Nikki can continue standing by Victor if he ends up hurting people she cares about. Nikki promises she’ll do her best to keep him from harming Jabot or anyone else close to her. Jack stresses that Jabot must endure for the sake of his father’s legacy—and warns that Victor may regret his escalating aggression. Together, they agree another ceasefire between the Newman and Abbott families might be necessary.

Back at the ranch, Victor receives Lily, who bluntly asks whether he stole Cane’s program. She notes his relaxed demeanor and concludes he must be guilty. To her surprise, Victor admits the program is dangerous and should never be used because it could cause serious harm. He assures her he has no intention of targeting Winters Incorporated—but Jabot is another matter entirely. When Adam arrives, Lily leaves, and Victor remarks on how unexpectedly sympathetic she seems toward Cane.

Victor updates Adam about Matt Clark’s return and orders him to compile a full list of Clark’s past crimes and determine how he assumed the Mitch Beall identity. Adam offers to support Nick and Sharon during the crisis, but Victor advises him to wait for the right moment.

Adam then reveals that Jill is secretly funding Billy and Sally’s media project. Victor considers how to turn this to his advantage: if Jill continues bankrolling them, the Abbotts will be too distracted dealing with the fallout for him to move against Jabot unhindered.

In Los Angeles, Nick and Sharon regroup at their hotel, trading updates about Noah. They fear that Noah and Sienna are together—or worse, that Matt has captured one or both of them. Nick decides to contact Detective Burroughs, who calls back and schedules a meeting. Nick forbids Sharon from coming along, worried about her safety.

Back at Society, Lily contemplates calling Cane after recalling his emotional plea that he would do anything to win her back. She hesitates, ultimately deciding to walk away. But as she heads toward the exit, she freezes. Cane and Phyllis appear together at the top of the stairs—holding hands—sending Lily’s heart crashing to the floor.

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