I don't think it's possible to cite a single movie as "the last classic Hollywood type movie" where its focus was entertainment and had movie magic feel to it, but I do think you could make a general list.
Some I'd throw out there for me are Mask of Zorro (1998), the Transporter (2002), the first two Harry Potter films.
What about you guy's. What's your personal list of movies that were sort of the last of that era where movies felt like movies and had something special to them?
Tenet was so good, I thought it was one of his best films up there with the Prestige and Dark Knight.
It's an exhausting film, I joke and called it Capers: the Movie. But when I was done I spent about a week playing it over and over in the back of my mind and was like, fuck that movie is like a .rar file and I'm still unzipping this bitch.
Tenet was an experience, I really haven't felt that way since I saw the first Matrix. Fun side story, I didn't know anything about the Matrix going in, watched it on opening day and was like wow people are really hyped about this film. Walked out thinking, fuck, these two brothers are going to make bangers after bangers from here on out.