The query uses the CREATE TABLE USING DELTA syntax to create a Delta Lake table from an existing Parquet file stored in DBFS. The query also uses the LOCATION keyword to specify the path to the Parquet file as /mnt/finance_eda_bucket/tx_sales.parquet. By using the LOCATION keyword, the query creates an external table, which is a table that is stored outside of the default warehouse directory and whose metadata is not managed by Databricks. An external table can be created from an existing directory in a cloud storage system, such as DBFS or S3, that contains data files in a supported format, such as Parquet or CSV.
The result that will occur after running the second command is that the table reference in the metastore is updated and no data is changed. The metastore is a service that stores metadata about tables, such as their schema, location, properties, and partitions. The metastore allows users to access tables using SQL commands or Spark APIs without knowing their physical location or format. When renaming an external table using the ALTER TABLE RENAME TO command, only the table reference in the metastore is updated with the new name; no data files or directories are moved or changed in the storage system. The table will still point to the same location and use the same format as before. However, if renaming a managed table, which is a table whose metadata and data are both managed by Databricks, both the table reference in the metastore and the data files in the default warehouse directory are moved and renamed accordingly.