that's our signet promise to our customers. >> you are a leader.people listen to you, both in terms -- i did. i asked my cfo, is this the one -- i know jenna would never give idly, it must be the charity to give to to help ukraine. your stance on russian diamonds, we always heard it was cheap and what we care about is purpose. sti still an incredibly expensive stock. great to see you >> thank you very much >> what a job she has done "mad money" is back after the break. >>> coming up, shall we call them the aristocrats where can investors go for stocks with big dividend leaps stay tuned and find out. i didn't know my genetic report could tell me i was prone to harmful blood clots. i travel a ton, so this info was kind of life changing. maybe even lifesaving. ♪do you know what the future holds?♪ hey lily, i need a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this. your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep l

joining us now is signet's ceo, gina drosos. thank you for joining us. talking about this kind of russian impact here. we know it is the largest source of diamonds here. how does that affect the supply chains of where you are getting your diamonds from? gina: first and foremost, i would say our thoughts and prayers go out to the people of ukraine. we are a purpose driven company, so it is very important to us to take a stand that we think is consistent with what our consumers desire. so as soon as this conflict started, we immediately stopped directly sourcing any diamond or gemstones from russia, and we have asked our vendors to do the same. we have a promise to our customers for more than a decade that everything they buy in a signet store has been responsive sourced, and we need to maintain that promise. we also made a donation to the red cross to help people on the ground in ukraine. guy: in terms of the impact this has come a where you get the diamonds from next? are there other sources you are now tapping? gina: we source diamonds from many places

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that's at 2:00 p.m and signet ceo on "mad money" tonight.g bell" earlier, and joined by williams-sonoma sheo two big interviews starting at 6:00 p.m. eastern. 6:00 p.m. eastern. we're back after this. no20 a month. ♪ ♪ ♪ ♪ with a bit more thought we can all do our part to keep plastic out of the ocean. financial advice that's personalized to my goals, and no one else's? now you're talking. 97% of ameriprise clients say they feel like their advisor cares about their ability to achieve goals. ameriprise financial. advice worth talking about. if you're a small business, there are lots of choices ameriprise financial. when it comes to your internet and technology needs. but when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security for total peace of mind. and you choose fiber solutions with speeds up to 10 gigs to the most small businesses. that's virtually everywhere we serve. the choice is clear: make your business future ready with the network from the most innovative company. co

accounting for 1/3 of the market but the sanction banning exports of diamonds from ukraine, zales signet jewellers said it was suspending interaction with russian entities, while the ceo of jewelry earth said it was proud to remove them from the website, but they could move to india or china for cut and polish and then end up in the united states. >> these dieamonds are now labelled as made in india not in russia, therefore, at this time, russian-made diamonds do not have a direct sanction that will stop them from coming to the united states. >> reporter: comes as a back-log of postponed weddings making for the busiest wedding season in decades, that demand is pushing up the price of diamonds which climbed almost 8% in february, and some jewellers offering sage advice to customers. >> if you have time to wait, i would say wait because we have not seen a price drop, we've only seen a pattern of price hikes over the last few weeks since january. >> reporter: and the jewellers behind me say it's not just about diamond prices they're seeing everything rise from platinum to gold because of th

> there are four you like we deponeon't have time for eac, but tapestry, bath and body works, and signetlers those are your picks right now ike, thank you very much >> thanks, guys. >> appreciate it. >>> coming up, robin hood looking to extend its reach, allowing more hours of trading the stock is taking off. we have details next. >>> plus, we'll look at apple's shocking 12-day run. "power lchwi brit ckun" lle gh your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire j job. >>> welcome back, everybody. robin hood offers additional trading hours in the morning and evening for investors. trading will be available from 7:00 a.m. eastern to 8:00 p.m., in a push to eventually provide 24/7 service it comes as the platform has been experiencing a slowdown in volume from its pandemic highs in fact, rival firms, charles sq schwab and interactive brokers extended trading from 7:00 a.m. to 8:00 p.m. there's the stock performance. ch

off russia from the rest of the world with his new ban on russian vodka, seafood and diamonds if, signetncing this afternoon it's pulling all business with its russian-owned entities on ice. as scores of u.s. companies cut ties with russia, a new organization called the ukrainian -- american ukrainian business council officially launched today, and it's got a mandate to strengthen ties between u.s. businesses and war-torn ukraine p of already companies from lockheed martin to visa, palo alto network, citigroup, pfizer and so many more have instantly jumped onboard. here in a fox business exclusive, the founder and ceo and former deputy assistant secretary of commerce for europe and eurasia, eric stewart. eric, correct me if i'm wrong, this looks like it happened in the blink of an eye from idea and concept to right now where you are unveiling this here on fox business. how long did it take you? >> a couple of days. we just started this week. we had a call on monday with president zelenskyy's deputy chief of staff and economic adviser, and there was a real call for we need helpment the u.

and it hasn't been an edict, but you see everybody from signet to blackrock to coke coca-cola -- coca-colat come together like this. liz: and he took a hit, about 19 million. >> his investors. blackrock informses, it doesn't take -- invests, it doesn't take investments. liz: charlie, thank you. wait, look at this. we are just getting this picture, breaking news, the white house has released this photograph of president joe biden during his two hour meeting with chinese president xi jinping. president told xi there would be, quote, consequences if beijing backs russian military operations in ukraine. of course, xi has said we want peace. mine, let's -- i mean, let's hope. but white house press secretary jen zack city just said moan moments ago that the discussion with xi was not about carrots or incentives, but it's still concerned that china could provide some i'm of military assistance to russia. the president is scheduled to travel to europe, america's president, next week. and psaki says he will discuss china's moves to align with russia with other world leaders. >>> closing bell, we've

and signet is soaring. talk about fundamentsals turning out to be solid. the stock was down more than 30% with all of the hammering over stimulus wearing off, today, they gave upbeat guidance for the quarter and fiscal year 2023, the ceo says the turnaround is working. and weddings are also coming back krns about the market, about demand falling off a cliff, proving to be overdone in some cases. let's get straight to the top story right now. the comeback for stock continues despite major risks. stocks are on pace for the best week of the year, despite the fed signaling it's going to keep raising interest rates and this raging war in ukraine. also another spike in oil prices so should you trust to rally joining us, mark mobius and cnbc's mike santoli. mark, i'll start with you on global stocks. how are you feeling? it's not like the fed said that it wasn't going to be raising interest rates that's been a headwind it's not like we have resolution when it comes to ukraine should you buy stocks? >> my thinking is that definitely we're going to see higher and h

stu: next we are concentrating on signet jewelers because they proper conglomerate they've got kay's,'ll, there's obviously money and jewelry. >> their sales grew almost 24%, yes, there is inflation but they don't see material impacts from russia because yesterday they shop the markets had they want by diamonds from russia or any business who does business with russia. you would think that would impact their supply but is not going to have a material impact stock is up five and a half%. stu: how about williams-sonoma? nine, nearly 10% from nine and a half%. >> they announced one and a half million dollar buyback. a lot of brokerage came out, some raised prices, some did not. there giving it to 20, they like the merchant. it's so expensive, there's never a sale, very expensive to buy special, a pot, you name it. stu: are speaking a few months ago thank at this time a lot of people want to change their portfolio and go away from the affected well in the past and go toward step that will do well in the future. it seems to me hathaway has done that, they stopped with the old stuff that's