You might be surprised to learn that MercadoLibre (NASDAQ: MELI) -- one of the world's foremost e-commerce and digital payments platforms -- paid a dividend, but suspended the payout to focus on growth. In the Dividend Stock Hour that aired on Fool Live on Oct. 29, Fool.com contributor Danny Vena explains this counterintuitive concept. Danny Vena: I'm going to go with one here that may surprise people.
If you traded a stock in the past week, there's a fair chance it was Tesla. Shares in the electric car maker led by CEO Elon Musk rose almost 3% on Wednesday and have now surged 40% since Nov. 16, when it was announced Tesla would join the S&P 500 in December. One of Wall Street's most loved - and hated - stocks, Tesla was already the U.S. stock market's most traded companies by average daily value, but trading has surged in recent sessions, along with Tesla's stock price.
When will we see former UFC light heavyweight champion Jon Jones fight at heavyweight? Apparently, that depends upon when he officially becomes a heavyweight. UFC president Dana White, following Saturday night's UFC 255 in Las Vegas, told reporters in the room, including from MMAWeekly.com, that Jones is not officially a heavyweight. "No, not that I'm aware of. He hasn't told us," said White. Should that lead us all to believe that Jones will be back in the 205-pound division if and when he returns to the Octagon? No. Not at all. Why hasn't Jon Jones booked his UFC heavyweight debut? Why else would Jones have voluntarily relinquished the UFC light heavyweight championship, all the while saying his intent was to move up to heavyweight? Some have speculated that maybe he is laying low to avoid drug testing while putting on the weight to make a move to heavyweight feasible. That doesn't fly either. According to USADA records, Jones has been drug tested 19 times in 2020, including twice thus far in the fourth quarter, which is comprised of October, November, and December. So what gives? Simply put, Jones is likely trying to put on the weight necessary to compete in the heavyweight division. Most of the top tier fighters in the division are at the upper end of the scale. The heavyweight division provides for athletes weighing between 206 and 265 pounds. Considering his pedigree, Jones would enter the heavyweight pool at the deep end. Current UFC champion Stipe Miocic typically weighs around 245 pounds. The weight doesn't drop off with the next few contenders. Francis Ngannou and Curtis Blaydes fight at about 260 pounds, Jairzinho Rozenstruik weighs around 250 pounds, and Derrick Lewis is generally pushing the top-end at 265 pounds. And keep in mind that these are their weights on weigh-in day. They could way more, considerably more, on fight day. If Jones doesn't bulk up, he's going to be in trouble in today's heavyweight division. Even though he likely walked around at about 230 pounds at light heavyweight, that is not when he is in prime athletic condition. If he is going to fight anywhere near the level of the Jon Jones we've become accustomed to, Jones will need to add the weight in a fashion that provides for more muscle, more power, and maintains as much of his athletic ability as possible. That is apparently what he's been up to, and why he has yet to request a heavyweight fight from UFC officials. Sure Jones could ask for and receive a heavyweight bout right now, but according to his social media posts, he's taking the Georges St-Pierre approach. When St-Pierre was dominating the world at welterweight, he was continually asked when he was going to move up to middleweight. His response was that if and when he did so, he it would likely be a permanent move, as he wanted to do it in a smart fashion. He would take his time to add the weight in incremental fashion. Bulking for bulk's sake isn't the best approach, especially for fighters like St-Pierre and Jones that rely more upon their athletic abilities than a shear love to scrap. Jones may not be talking to the UFC about his first fight at heavyweight yet, but he has been posting on social media, showing his progress as he continues to put on the pounds in the form of added muscle. View this post on Instagram A post shared by BONY (@jonnybones) View this post on Instagram A post shared by BONY (@jonnybones) View this post on Instagram A post shared by BONY (@jonnybones) TRENDING > Mike Tyson tells UFC’s Joe Rogan he’s fighting Roy Jones Jr. because of Bob Sapp So what's happening with the UFC light heavyweight title? What's next at light heavyweight isn't exactly clear. Soon after Jones vacated the UFC light heavyweight championship, Jan Blachowicz fought Dominick Reyes for the vacated title. Blachowicz won. Shortly after that fight, White said that the UFC was going to make Blachowicz's first title defense opposite middleweight champion Israel Adesanay, who wanted to move up and challenge him. The Blachowicz vs. Adesanya fight isn't a done deal yet, though. "Israel Adesanya wants to move up and take that fight. So we'll see how this whole thing plays out. It's not done yet, but they're interested and so are we," White said at the UFC 255 press conference. In the meantime, Glover Teixeira defeated Thiago Santos earlier this month and injected his name into the mix for a shot at the 205-pound title. Currently, it is unclear if the UFC will get a deal done for Blachowicz to fight Adesanya or if Teixeira, the No. 1 light heavyweight contender, will get a crack at the belt at 41 years of age. (Subscribe to MMAWeekly.com on YouTube)
Writing in a US newspaper, the Duchess of Sussex also reveals she has suffered a miscarriage.
In the southern Italian city of Naples, soccer is a religion and Diego Armando Maradona was its God. News of his death on Wednesday ricocheted around the city's narrow alleyways, drawing crowds into the streets to mourn the passing of the Argentine star who decades earlier had turned their beloved Napoli soccer team into national champions. Naples is meant to be under lockdown to prevent the spread of the coronavirus, but in keeping with their unruly reputation, fans ignored the restrictions to show their love for a man whose image still adorns many windows and courtyards.
The release of Taylor Swift's album Folklore in July caused a lot of chatter about her introspective lyrics, but it also sparked a new mystery: who is William Bowery? On Swift's Instagram announcement prior to releasing Folklore, she credited several people who helped make it happen.
Officers and prosecutors ‘considering whether any crimes were committed’
"It’s hard not to feel protective of her. She was so young," Kirsten Stewart said of portraying Princess Diana
The Steelers are not happy their Thanksgiving game against the Ravens was postponed.
Trans people in India can now apply to have their gender identity legally recognised online through a new government portal.
Wall Street is consolidating gains after the Dow set a new milestone.
As Mariah Carey's makeup artist, there's no one we trust more with all of our holiday glam questions than Kristofer Buckle. Carey is practically the queen of Christmas, making Buckle the queen of Christmas' makeup artist.
Rishi Sunak says Covid economic emergency has only just begun. Chancellor says in spending review that UK will have to keep spending despite record peacetime borrowing
Follow all the action as Jurgen Klopp’s side attempt to secure their place in the last 16
As demonstrations against police brutality roiled the country earlier this year, Antoine Mickle began noticing the flags going up in his Jacksonville neighborhood declaring “Blue Lives Matter.” “In order to comply with the Association's governing documents, the Board of Directors requests that you take the following action: Remove the ‘Black Lives Matter’ flag."
Robots are no longer the high-tech tools reserved for university labs, e-commerce giants and buzzy Silicon Valley startups. The local grocer now has access too. Tortoise, the one-year-old Silicon Valley startup known for its remote repositioning electric scooters, has taken its tech and adapted it to delivery carts.
Faizon Love filed a lawsuit on Wednesday accusing Universal of race discrimination when it cut him out of the poster for the 2009 film "Couples Retreat." The film featured four couples who go to a resort to repair their relationships. Love and his co-star, Kali Hawk, played the only non-white couple, and they were removed […]
Week 13 is full of rivalry games and other matchups that could have significant postseason implications.
A Minnesota prosecutor said Wednesday that he has offered to reduce the sentence of a Black man who is serving life in prison in the fatal shooting of an 11-year-old girl. Myon Burrell was 16 when he was accused of killing Tyesha Edwards, who was hit by a stray bullet on Nov. 22, 2002, while doing homework at her dining room table in Minneapolis. Burrell was convicted of murder and sentenced to life in prison with the possibility of parole after 30 years.
Black Friday Cricut cutting machine deals for 2020 are underway, find all the best Black Friday Cricut Maker crafting bundles and sales listed below