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COVID-19 Pandemic - The government presents its daily update

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QUÉBEC CITY, Feb. 13, 2021 /CNW Telbec/ - The most recent data on the evolution of COVID-19 in Québec show 1,049 new cases, bringing the total number of people infected to 275,880, of which 255,146 have now recovered. The data also report 33 new deaths, but the total of deaths amounts to 10,201 due to the withdrawal of 5 deaths that the investigation has shown not to be attributable to COVID-19. Among these 33 deaths, 5 have occurred in the last 24 hours, 21 have occurred between February 6 and February 11 and 7 have occurred before February 6. The number of hospitalizations decreased by 37 compared to the previous day, for a cumulative total of 812. Among these, the number of people in intensive care decreased by 7, for a total of 130. The samples conducted on February 11 amount to 33,453 for a total of 6,259,265. Finally, 8,675 doses of vaccine were administered yesterday, for a total of 290,953. To date, 310,425 doses have been received.

Summary Data Evolution Table1

Date

Confirmed
cases

Deaths2

Hospitalizations

Hospitalizations
in intensive care

Tests
performed

Administered
doses of vaccine3

February 6

1,081

22

963 (-19)

158 (-1)

22,502

3,209

February 7

853

27

969 (+6)

160 (+2)

18,512

2,295

February 8

826

18

940 (-29)

145 (-15)

26,470

3,408

February 9

989

26

918 (-22)

148 (+3)

32,207

3,521

February 10

1,121

20

874 (-44)

143 (-5)

33,587

5,693

February 11

984

19

849 (-25)

137 (-6)

33,453

9,567

February 12

1,049

5

812 (-37)

130 (-7)

NA

8,675

1 Note that the majority of data are presented according to the day they were entered. They are extracted at 4 p.m. at the date shown and cover the preceding 24 hours. However, the availability of the data on samples involves an additional delay of 24 hours and these correspond to the number of samples taken on the date shown.

2 It should also be noted that the data prior to those of the last 24 hours presented in the column Deaths have been adjusted according to the actual dates of death. This explains the variation of some data compared to those presented in previous press releases. The daily death toll is influenced by the time required for the physician to report the death, the time required to complete the investigation to confirm that the death was attributable to COVID-19, and the entry into the system.

3 Note that the number of doses administered may be subject to daily readjustment for the previous days, due to catching up due to a delay in data entry.

A reminder concerning public health instructions :

To limit to the utmost the virus' spread, it is important to:

  • frequently wash your hands for 20 seconds with soap and water, especially when you come in from outside;

  • use alcohol-based disinfectant on your hands if soap and water are unavailable;

  • wear a face covering in most enclosed and partially enclosed public places and on public transit;

  • respect the regulations in effect in your region.

Should symptoms appear:

  • self-isolate;

  • cough into your elbow;

  • immediately discard tissues after use and wash your hands;

  • consult one of the self-care guides or call 1 877 644-4545 to find out about procedures to be followed.

Related links :

SOURCE Ministère de la Santé et des Services sociaux

Cision
Cision

View original content: http://www.newswire.ca/en/releases/archive/February2021/13/c6657.html

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    Sometimes stocks fall into obscurity for a long while then burst onto the scene in a big way. Nokia (NYSE:NOK) last year dipped into levels dating back 23 years. That’s not stuff that get investors excited but this all changed this year. NOK stock recently shot up to the moon and out of nowhere. Source: rafapress / Shutterstock.com Today we will discuss if it’s worth owning for the remainder of 2021 or not. Keep in mind that there isn’t one right answer to fit all investors. We don’t all have the same time frame or risk tolerances. But there are common themes and absolute realities that span the gamut. A good investment usually starts with a viable thesis. Betting on the upgrade to 5G was supposed to be big last year. Alas, Covid-19 had other plans for us. It is reasonable then to assume that 2021 will be when this migration takes hold. All major telecommunication companies have it and are spending heavily advertising it.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The growth in the 5G business should be huge and Nokia will have a sizable chunk of it. Don’t take my word for it, it’s the seventh-largest stock in the Defiance 5G Next Gen Connectivity ETF (NYSEARCA:FIVG). Click to EnlargeSource: Yahoo Finance We’ve waited so long for 5G that I fear there will be a let-down effect. But according to Nokia’s website I shouldn’t worry too much. By 2030 they believe it “will deliver $8 trillion in value around the world.” 8 Cheap Stocks Under $20 That Could Double A carrot this big is reason enough for investors to own NOK stock at least through 2021. They are ready to capture the commercial and retail sides of the expansion when it happens. Trade NOK Stock in the Meantime Source: Charts by TradingView For that purpose, buy-and-hold works just fine. But active investors can trade around the big swings in the meantime. It’s a great feeling to catch a trade at the exact right time. Back in January of 2020 and after Nokia had rallied 25%, I warned against staying long. That marked an exact top before the massive slide into the pandemic lows. NOK immediately fell 8% then bounced one last time before the crash. From top of my note to the March bottom it lost 44%. Luckily for the bulls it recovered all of it and then some by September. That rally also failed and the stock fell below $3.50 per share. Although my article from January 2020 had a bearish tone, I promise you I have nothing against the stock. In fact, last November, I wrote that Nokia stock was poised for a surprise comeback in 2021. What happened next was astonishing. From the low of my note to the January high it rallied 167%. So now what? I made the point earlier that it’s reasonable to expect more upside as 5G rolls out. There is nothing imminent but what happened recently leaves me wondering if it could happen again. So it’s worth it to hold some shares for another month. The company survived an extremely tough year so it’s earned some benefit of doubt. The chart is a complete mess because of that recent mega-spike. What is clear is that it has support under $4 per share. This is comforting for shareholders as they wait for the swing higher. The profit and loss statement shows growth but nothing flamboyant yet. On the other hand, the NOK stock price-to-sales is 0.92x. This means that investors don’t even give it credit for one year worth of sales. Those investors are harder to spook on tough days. You can’t disappoint someone that doesn’t have a lot of expectations. Consequently, time is on the side of the long term investor. I should not make it my entire thesis to hold it for a super-spike. This one happened because of a particular situation stemming from the shenanigans with GameStop (NYSE:GME). On the date of publication, Nicolas Chahine did not have (either directly or indirectly) any positions in the securities mentioned in this article. Nicolas Chahine is the managing director of SellSpreads.com. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG Top Stock Picker Reveals His Next Potential Winner It doesn’t matter if you have $500 in savings or $5 million. Do this now. #1 Play to Profit from Biden's Presidency The post There’s More To Nokia Stock Than the Wild Ride It Had appeared first on InvestorPlace.

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  • Palantir's Q&A Platform For Investors Is Open All Weekend Ahead Of Q4 Earnings On Tuesday

    Big-data analytics company Palantir Technologies Inc (NYSE: PLTR) is scheduled to release fourth-quarter earnings Feb. 16, and the Denver-based company wants to hear from shareholders. What Happened: Palantir opened a shareholder Q&A platform to be used in its upcoming earnings call. The company is inviting investors to ask and upvote questions that they would like addressed on their earnings call. The Q&A platform is open for use starting today, and retail and institutional shareholders will be able to submit and upvote questions to management. View more earnings on PLTR Interested traders and investors can submit questions to the Palantir team ahead of earnings here. Top Subjects: Some of the top-voted questions on the shareholder Q&A platform right now? Here they are, lightly edited: With the partnership recently announced with IBM, I believe sales at the Enterprise level will increase greatly. Will Foundry be the main software used? And finally does Palantir have plans to create a more scaled-down version to serve small- to medium-sized businesses? While the IBM announcement is great, their public cloud share is miniscule. Can you commit to expanding managed offerings to other public cloud providers such as Microsoft Corporation (NASDAQ: MSFT) Azure, Amazon.com, Inc. (NASDAQ: AMZN) AWS, and Google Alphabet Inc Class A (NASDAQ: GOOGL) Cloud? When does Palantir expect to achieve a level where it can repeatedly and continually achieve profitability?< Which two or three things should long-term investors focus on most to track Palantir’s progress towards long-term growth targets? Palantir says the Q&A platform will remain open until 24 hours before the earnings call. Photo courtesy: Cory Doctorow via Flickr. See more from BenzingaClick here for options trades from BenzingaHere's Why Palantir, Pinterest, Ford, Activision Are Moving© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came

    (Bloomberg) -- Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price fluctuations. A little more than a year after it started, he bragged the fund had returned 500%, a claim that produced a flurry of new money from investors.He became so flush with cash, Qin signed a lease in September 2019 for a $23,000-a-month apartment in 50 West, a 64-story luxury condo building in the financial district with expansive views of lower Manhattan as well as a pool, sauna, steam room, hot tub and golf simulator.In reality, federal prosecutors said, the operation was a lie, essentially a Ponzi scheme that stole about $90 million from more than 100 investors to help pay for Qin’s lavish lifestyle and personal investments in such high-risk bets as initial coin offerings. At one point, facing client demands for their money, he variously blamed “poor cash flow management” and “loan sharks in China” for his troubles. Last week, Qin, now 24 and expressing remorse, pleaded guilty in federal court in Manhattan to a single count of securities fraud.“I knew that what I was doing was wrong and illegal,” he told U.S. District Judge Valerie E. Caproni, who could sentence him to more than 15 years in prison. “I deeply regret my actions and will spend the rest of my life atoning for what I did. I am profoundly sorry for the harm my selfish behavior has caused to my investors who trusted in me, my employees and my family.”Eager InvestorsThe case echoes similar cryptocurrency frauds, such as that of BitConnect, promising people double-and triple-digit returns and costing investors billions. Ponzi schemes like that show how investors eager to cash in on a hot market can easily be led astray by promises of large returns. Canadian exchange QuadrigaCX collapsed in 2019 as a result of fraud, causing at least $125 million in losses for 76,000 investors.While regulatory oversight of the cryptocurrency industry is tightening, the sector is littered with inexperienced participants. A number of the 800 or so crypto funds worldwide are run by people with no knowledge of Wall Street or finance, including some college students and recent graduates who launched funds a few years ago.Qin’s path started in college, too. He had been a math whiz who planned on becoming a physicist, he told a website, DigFin, in a profile published in December, just a week before regulators closed in on him. He described himself on his LinkedIn page as a “quant with a deep interest and understanding in blockchain technology.”In 2016, he won acceptance into a program for high-potential entrepreneurs at the University of New South Wales in Sydney with a proposal to use blockchain technology to speed up foreign exchange transactions. He also attended the Minerva Schools, a mostly online college based in San Francisco, from August 2016 through December 2017, the school confirmed.Crypto BugHe got the crypto bug after an internship with a firm in China, he told DigFin. His task had been to build a platform between two venues, one in China and the other in the U.S., to allow the firm to arbitrage cryptocurrencies.Convinced he had happened upon a business, Qin moved to New York to found Virgil Capital. His strategy, he told investors, would be to exploit the tendency of cryptocurrencies to trade at different prices at various exchanges. He would be “market-neutral,” meaning that the firm’s funds wouldn’t be exposed to price movements.And unlike other hedge funds, he told DigFin, Virgil wouldn’t charge management fees, taking only fees based on the firm’s performance. “We never try to make easy money,” Qin said.By his telling, Virgil got off to a fast start, claiming 500% returns in 2017, which brought in more investors eager to participate. A marketing brochure boasted of 10% monthly returns -- or 2,811% over a three-year period ending in August 2019, legal filings show.His assets got an extra jolt after the Wall Street Journal profiled him in a February 2018 story that touted his skill at arbitraging cryptocurrency. Virgil “experienced substantial growth as new investors flocked to the fund,” prosecutors said.Missing AssetsThe first cracks appeared last summer. Some investors were becoming “increasingly upset” about missing assets and incomplete transfers, the former head of investor relations, Melissa Fox Murphy, said in a court declaration. (She left the firm in December.) The complaints grew.“It is now MID DECEMBER and my MILLION DOLLARS IS NOWHERE TO BE SEEN,” wrote one investor, whose name was blacked out in court documents. “It’s a disgrace the way you guys are treating one of your earliest and largest investors.”Around the same time, nine investors with $3.5 million in funds asked for redemptions from the firm’s flagship Virgil Sigma Fund LP, according to prosecutors. But there was no money to transfer. Qin had drained the Sigma Fund of its assets. The fund’s balances were fabricated.Instead of trading at 39 exchanges around the world, as he had claimed, Qin spent investor money on personal expenses and to invest in other undisclosed high-risk investments, including initial coin offerings, prosecutors said.So Qin tried to stall. He convinced investors instead to transfer their interests into his VQR Multistrategy Fund, another cryptocurrency fund he started in February 2020 that used a variety of trading strategies -- and still had assets.‘Loan Sharks’He also sought to withdraw $1.7 million from the VQR fund, but that aroused suspicions from the head trader, Antonio Hallak. In a phone call Hallak recorded in December, Qin said he needed the money to repay “loan sharks in China” that he had borrowed from to start his business, according to court filings in a lawsuit filed by the Securities and Exchange Commission. He said the loan sharks “might do anything to collect on the debt” and that he had a “liquidity issue” that prevented him from repaying them.“I just had such poor cash flow management to be honest with you,” Qin told Hallak. “I don’t have money right now dude. It’s so sad.”When the trader balked at the withdrawal, Qin attempted to take over the reins of VQR’s accounts. But by now the SEC was involved. It got cryptocurrency exchanges to put a hold on VQR’s remaining assets and, a week later, filed suit.Asset RecoveryBy the end, Qin had drained virtually all of the money that was in the Sigma Fund. A court-appointed receiver who is overseeing the fund is looking to recover assets for investors, said Nicholas Biase, a spokesman for Manhattan U.S. Attorney Audrey Strauss. About $24 million in assets in the VQR fund was frozen and should be available to disperse, he said.“Stefan He Qin drained almost all of the assets from the $90 million cryptocurrency fund he owned, stealing investors’ money, spending it on indulgences and speculative personal investments, and lying to investors about the performance of the fund and what he had done with their money,” Strauss said in a statement.In South Korea when he learned of the probe, Qin agreed to fly back to the U.S., prosecutors said. He surrendered to authorities on Feb. 4, pleaded guilty the same day before Caproni, and was freed on a $50,000 bond pending his sentencing, scheduled for May 20. While the maximum statutory penalty calls for 20 years in prison, as part of a plea deal, prosecutors agreed that he should get 151 to 188 months behind bars under federal sentencing guidelines and a fine of up to $350,000.That fate is a far cry from the career his parents had envisioned for him -- a physicist, he had told DigFin. “They weren’t too happy when I told them I had quit uni to do this crypto thing. Who knows, maybe someday I’ll complete my degree. But what I really want to do is trade crypto.”The case is U.S. v Qin, 21-cr-75, U.S. District Court, Southern District of New York (Manhattan)(Updates with comment from prosecutor and case caption)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.