Gwyneth Paltrow and Cameron Diaz have hot bodies AND killer rap skills.

Both sexy actresses performed a wrap to celebrate pal Chelsea Handler moving her show Chelsea Lately to a new studio.

Gwynnie raps, "We heard that you got a brand new studio, but we know that you got on TV by being a ho!”

The mom of two even throws a jab in there about Chelsea and 50 Cent. You gotta take a listen!