8-K filing — ChronoScale Holdings Corp (CHRN)
Filed: 2026-08-27 AccNo: 0001493152-26-040398 Size: 237 KB Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
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Nutanix (NASDAQ:NTNX), a hybrid cloud leader and AI innovator, and ChronoScale Holdings Corporation (NASDAQ:CHRN), an accelerated compute platform purpose-built to support demanding artificial intelligence workloads,
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Filed: 2026-08-27 AccNo: 0001493152-26-040398 Size: 237 KB Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
ChronoScale Corporation (NASDAQ:CHRN), ("ChronoScale" or the "Company"), an accelerated compute platform purpose-built to support demanding artificial intelligence workloads, today announced plans with
Applied Digital, an AI data center landlord, reported 407% revenue growth to $258.7 million in Q4, driven primarily by tenant fit-out services for major customer CoreWeave. While the company projects a $1 billion NOI run rate within a year and has $36 billion in contracted lease value, it faces challenges including negative free cash flow of $2.8 billion, $5 billion in debt, and heavy dependence on a single customer. Analysts view it as a high-risk, high-reward opportunity positioned to benefit from AI infrastructure demand.
Barclays analyst Tim Long maintains Nutanix (NASDAQ:NTNX) with a Equal-Weight and raises the price target from $53 to $75.
Piper Sandler analyst James Fish reiterates Nutanix (NASDAQ:NTNX) with a Overweight and raises the price target from $60 to $75.
Nutanix stock surged 9.87% after reporting Q4 2026 results that beat analyst expectations with $757.1 million in revenue (16% YoY growth) and $0.60 diluted EPS versus $0.49 expected. The company also generated strong free cash flow of $277.6 million and provided optimistic fiscal 2027 guidance of $3.18-$3.23 billion in revenue and $850-$950 million in free cash flow.