Watch a Replay of the 2014 Oscar Nominations on Yahoo
The Academy of Motion Picture Arts and Sciences announced its nominations for the 86th Annual Academy Awards on Thursday morning. "Gravity" and "American Hustle" lead the pack with the 10 nominations, but "12 Years a Slave" with 9 isn't that far behind.
[Related: The Complete List of Nominees]
Click to see host Marc Istook and Gold Derby's Tom O'Neil break down all the major races and find out presenter Chris Hemsworth's own favorites.
Watch the Oscars live on March 2 on ABC at 8 p.m. ET/5 p.m. PT, and stick with Yahoo Movies for Academy Awards coverage all season long.