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 resulting state after running the second command is that an external table will be created in the storage container mounted to /mnt/finance_eda_bucket with the new name prod.sales_by_store. The command will not change any data or move any files in the storage container; it will only update the table reference in the metastore and create a new Delta transaction log for the renamed table.