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The stars were out last night for the 84th Academy Awards and there were some hits and a few misses of course. Red was a MAJOR trend on the carpet, Natalie Portman and Emma Stone rocked fiery frocks and Michelle Williams looked stunning in Louis Vuitton. Rooney Mara opted for a cream Givenchy Haute Couture number, while Angelina wowed in a black Versace velvet dress with a crazy-high slit.