The strong lineup includes comeback kid Demi Moore, Brazilian actress Fernanda Torres, and “Emilia Pérez” star Karla Sofía Gascón. But who will win?

"Emilia Pérez," "The Brutalist," and "Wicked" led the pack with the most nominations. See the full list of Oscar nominees.

The Oscar nominations are out after being delayed by the California wildfires, and the musical crime thriller "Emilia Pérez" leads the field.

Though there is a clear frontrunner for Best Actress, recency bias still does have a little sway in who wins the Oscar.

You get an Oscar, you get an Oscar, every Best Picture nominee gets an Oscar? Not always. For most of the past decade when the Oscars used the sliding scale in Best Picture, most, if not all, of the Best Picture nominees every year walked away with at least one Oscar.