Five years ago, the large technology companies seemed to operate in harmony. Today, they are starting to compete with each other more intensely. Amazon is making huge moves into digital advertising. Meta Platforms has stated its intentions to spend tens of billions on computing hardware to compete with Apple. These are just two examples of increasing competitive overlap.

The tech giants who are competing the most with each other at the moment are (NASDAQ: GOOG) (NASDAQ: GOOGL) and Microsoft (NASDAQ: MSFT). Both are trying to win in search engines and artificial intelligence (AI), computer operating systems and productivity software, as well as the cloud.

But which of these two tech giants is a better buy in 2024? Let's take a look.

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Source Fool.com