Microsoft $MSFT price target raised to $610 from $550 at Piper Sandler Piper Sandler analyst Billy Fitzsimmons raised the firm's price target on Microsoft to $610 from $550 and keeps an Overweight rating on the shares. The firm upped the target to reflect Microsoft's "Super App" announcement, uplift from the new E7 enterprise licensing plan, and the growing contribution of consumption-based pricing to Copilot and Cowork. Piper says every 10% shift of seats from E5 to E7 drives a $2B annualized revenue uplift. The firm also sees a path to new Copilot and Cowork consumption revenue scaling to a $2B annualized run rate by fiscal 2028. Piper now has increased confidence in Microsoft 365's outlook.

GM, SAIC extend China joint venture through 2047 as automakers target new growth General Motors and SAIC Motor are extending their joint venture for 20 years through 2047, with SAIC-GM planning to launch at least 30 new energy vehicles by 2030. The partnership will focus on electrified and intelligent vehicles while expanding China-developed technology for both domestic and international markets. The joint venture will also begin exporting the Buick Electra E7 as soon as October, marking its first premium NEV sold overseas. SAIC-GM is targeting markets across the Middle East, Africa, South America, Mexico, and Asia-Pacific, building on a partnership that has produced and delivered more than 20 million vehicles since 1997.

The Chang'e 7, China's next robotic mission to the moon — tasked with searching for a trace of water on the silver celestial body — has been scheduled to set out on its journey soon. The combination of the Chang'e 7 lunar probe and the Long March 5 Y14 carrier rocket was transferred vertically on Wednesday to the launching area at the Wenchang Spacecraft Launch Site in China's #Hainan# province. #LunarExploration# #TechChina#

China is poised to launch Chang'e-7, its most technologically complex lunar mission to date, in its search for frozen stores of water in permanently shadowed craters near the moon's south pole

10 years of Long March 5 today — still China’s heaviest rocket in service It flew nearly a year after SpaceX’s first Falcon 9 landing. In the decade that followed, reusability has transformed the industry, and Chinese state and commercial programs have followed that path closely CZ-5 will cede the title of heaviest Chinese launcher soon, yet it nevertheless retains a critical role for high-profile flagship missions, including Chang’e-7, the Chinese Space Station Telescope (CSST), and Tianwen-3