diff --git a/.devcontainer/Dockerfile b/.devcontainer/Dockerfile
index 305de6bdda3..dec74bc78b8 100644
--- a/.devcontainer/Dockerfile
+++ b/.devcontainer/Dockerfile
@@ -3,7 +3,7 @@
 # Licensed under the MIT License. See https://go.microsoft.com/fwlink/?linkid=2090316 for license information.
 #-------------------------------------------------------------------------------------------------------------
 
-FROM mcr.microsoft.com/dotnet/core/sdk:5.0.100-preview.2
+FROM mcr.microsoft.com/dotnet/core/sdk:5.0.100-preview.6
 
 # Avoid warnings by switching to noninteractive
 ENV DEBIAN_FRONTEND=noninteractive
diff --git a/DotnetRuntimeMetadata.json b/DotnetRuntimeMetadata.json
index 0ec74b1f32b..b756f7a6b9c 100644
--- a/DotnetRuntimeMetadata.json
+++ b/DotnetRuntimeMetadata.json
@@ -1,7 +1,7 @@
 {
   "sdk": {
-    "channel": "release/5.0.1xx-preview6",
-    "packageVersionPattern": "5.0.0-preview.6",
-    "nextChannel": "net5/preview6"
+    "channel": "release/5.0.1xx-preview7",
+    "packageVersionPattern": "5.0.0-preview.7",
+    "nextChannel": "net5/preview7"
   }
 }
diff --git a/README.md b/README.md
index 729655ed91c..21cd6416066 100644
--- a/README.md
+++ b/README.md
@@ -87,23 +87,23 @@ You can also download the PowerShell binary archives for Windows, macOS and Linu
 [rl-arm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.0.2/powershell-7.0.2-linux-arm64.tar.gz
 [rl-snap]: https://snapcraft.io/powershell
 
-[pv-windows-64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/PowerShell-7.1.0-preview.3-win-x64.msi
-[pv-windows-86]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/PowerShell-7.1.0-preview.3-win-x86.msi
-[pv-ubuntu18]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-preview_7.1.0-preview.3-1.ubuntu.18.04_amd64.deb
-[pv-ubuntu16]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-preview_7.1.0-preview.3-1.ubuntu.16.04_amd64.deb
-[pv-debian9]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-preview_7.1.0-preview.3-1.debian.9_amd64.deb
-[pv-debian10]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-preview_7.1.0-preview.3-1.debian.10_amd64.deb
-[pv-centos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-preview-7.1.0_preview.3-1.rhel.7.x86_64.rpm
-[pv-centos8]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-preview-7.1.0_preview.3-1.centos.8.x86_64.rpm
-[pv-macos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-7.1.0-preview.3-osx-x64.pkg
-[pv-winarm]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/PowerShell-7.1.0-preview.3-win-arm32.zip
-[pv-winarm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/PowerShell-7.1.0-preview.3-win-arm64.zip
-[pv-winx86-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/PowerShell-7.1.0-preview.3-win-x86.zip
-[pv-winx64-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/PowerShell-7.1.0-preview.3-win-x64.zip
-[pv-macos-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-7.1.0-preview.3-osx-x64.tar.gz
-[pv-linux-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-7.1.0-preview.3-linux-x64.tar.gz
-[pv-arm32]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-7.1.0-preview.3-linux-arm32.tar.gz
-[pv-arm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.3/powershell-7.1.0-preview.3-linux-arm64.tar.gz
+[pv-windows-64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/PowerShell-7.1.0-preview.4-win-x64.msi
+[pv-windows-86]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/PowerShell-7.1.0-preview.4-win-x86.msi
+[pv-ubuntu18]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-preview_7.1.0-preview.4-1.ubuntu.18.04_amd64.deb
+[pv-ubuntu16]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-preview_7.1.0-preview.4-1.ubuntu.16.04_amd64.deb
+[pv-debian9]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-preview_7.1.0-preview.4-1.debian.9_amd64.deb
+[pv-debian10]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-preview_7.1.0-preview.4-1.debian.10_amd64.deb
+[pv-centos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-preview-7.1.0_preview.4-1.rhel.7.x86_64.rpm
+[pv-centos8]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-preview-7.1.0_preview.4-1.centos.8.x86_64.rpm
+[pv-macos]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-7.1.0-preview.4-osx-x64.pkg
+[pv-winarm]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/PowerShell-7.1.0-preview.4-win-arm32.zip
+[pv-winarm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/PowerShell-7.1.0-preview.4-win-arm64.zip
+[pv-winx86-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/PowerShell-7.1.0-preview.4-win-x86.zip
+[pv-winx64-zip]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/PowerShell-7.1.0-preview.4-win-x64.zip
+[pv-macos-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-7.1.0-preview.4-osx-x64.tar.gz
+[pv-linux-tar]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-7.1.0-preview.4-linux-x64.tar.gz
+[pv-arm32]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-7.1.0-preview.4-linux-arm32.tar.gz
+[pv-arm64]: https://github.com/PowerShell/PowerShell/releases/download/v7.1.0-preview.4/powershell-7.1.0-preview.4-linux-arm64.tar.gz
 [pv-snap]: https://snapcraft.io/powershell-preview
 
 [in-windows]: https://docs.microsoft.com/powershell/scripting/install/installing-powershell-core-on-windows
diff --git a/tools/metadata.json b/tools/metadata.json
index fc20adc7b39..f737b2c6d7c 100644
--- a/tools/metadata.json
+++ b/tools/metadata.json
@@ -1,9 +1,9 @@
 {
   "StableReleaseTag": "v7.0.2",
-  "PreviewReleaseTag": "v7.1.0-preview.3",
+  "PreviewReleaseTag": "v7.1.0-preview.4",
   "ServicingReleaseTag": "v6.2.6",
   "ReleaseTag": "v7.0.2",
   "LTSReleaseTag" : ["v7.0.2"],
-  "NextReleaseTag": "v7.1.0-preview.4",
+  "NextReleaseTag": "v7.1.0-preview.5",
   "LTSRelease": false
 }