The Oscar goes to Sean Penn (I wasn't expecting that at all) Standing O. Standing O. What a shocker.

"You commie-homo-loving sons-of-guns. I didn't not expect this. I want it
to be very clear. I know how hard I make it to appreciate me often. But
I am touched by the appreciation…I did scribble down some names in
case you were a commie homo loving sons of guns…"

I am thrilled and a teeny bit disappointed because I wanted to see what Mickey Rourke would say. Luckily, Penn acknowledged Mickey:

"Mickey Rourke rises again and he is my brother."