updated 10/12/2012 AT 6:00 PM ET
•originally published 10/12/2012 AT 7:00 PM ET
Goop got skills!
Paying homage to the talk show host – who just moved into a new filming studio – the ladies are introduced by Handler as “Emcee Gwyneth Paltrow” and “Deejay Jazzy Cameron Diaz.”
Paltrow starts off her silly – and slightly naughty – rhyme with, “Yo, Chelsea. We heard that you got a brand new studio. But we know that you got on TV by being a ho.”
Continues the star, with Diaz making beats in the background, “You like black guys, white guys, whoever’s around. Your bedroom looks like it’s a lost and found. We kinda like you because you’re blonde like us, but we can’t hang wit’ you in public ‘cause you drink too much!”