Microsoft ( MSFT) shares saw breathtaking volume Friday after the world's largest software maker reported better-than-expected third-quarter earnings and revenue after the close on Thursday. The stock ended the day up $1.59, or 6.1%, to $27.54 with more than 255 million shares changing hands vs. the average daily volume of just over 62 million. Other names joining the list of high-volume leaders included Amazon.com ( AMZN), which reported blowout first-quarter earnings and revenue Thursday. Investors, however, concentrated on in-line guidance and sold the stock down $2.57, or 5.3%, to $46.29 on volume of more than 14 million shares. Sun Microsystems ( SUNW), Oracle ( ORCL), Applied Materials ( AMAT), Intel ( INTC) and Cisco ( CSCO) rounded out the Nasdaq volume leader list. NYSE volume was led by Corning ( GLW), Lucent ( LU), Nortel ( NT), General Electric ( GE) and Motorola ( MOT). Corning soared Friday after the company posted stronger-than-expected first-quarter earnings late Thursday. The company also boosted second-quarter earnings guidance. Corning closed the day up $1.88, or 18.3%, to $12.13 on volume of 37 million shares. Also joining the list of NYSE volume leaders was Assured Guaranty ( AGO), a 49 million-share initial offering that priced Thursday night at $18. The stock ended the day unchanged at $18. More than 20 million shares traded hands Friday. Also doing big NYSE volume Friday was Celestica ( CLS), which announced better-than-expected first-quarter results on Thursday evening. The company upped guidance going forward as well. After excluding costs and restructuring charges, the company reported a loss of 2 cents per share. Analysts were looking for a wider loss of 3 cents per share. More importantly, Celestica said second-quarter results would far exceed analysts' expectations, forecasting revenue of $2.15 billion to $2.35 billion and earnings of 7 cents to 13 cents per share. Analysts polled by Thomson First Call were looking for the company to earn one penny a share during the second quarter on revenue of $1.98 billion.